A Real Estate Agent Developed a Model to Relate a House's

question 79

Short Answer

A real estate agent developed a model to relate a house's selling price (Y) to the area of floor space (X) and the area of floor space squared (X2). The multiple regression equation for this model is:
Y = 125 - 3X + X2
where: Y = selling price (times $1,000)
X = square feet of floor space (times 100)

-What is the selling price of a house with 2,000 square feet?____________

---

Definitions:

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in decision making, planning, personality expression, and moderating social behavior.

Cognitive Control Centers

Brain regions responsible for managing attention, regulating emotions, and coordinating complex behaviors.

Language Control Centers

Areas in the brain, such as Broca's and Wernicke's areas, responsible for the processing and production of language.

Dramatic Growth

Dramatic growth is a term used to describe a rapid and significant increase or development in a particular area, such as a company's revenue, a country's economy, or an individual's learning.