SCENARIO 18-1 A Real Estate Builder Wishes to Determine How House Size

question 4

Multiple Choice

SCENARIO 18-1
A real estate builder wishes to determine how house size (House) is influenced by family income
(Income) , family size (Size) , and education of the head of household (School) .House size is
measured in hundreds of square feet, income is measured in thousands of dollars, and education is in
years.The builder randomly selected 50 families and ran the multiple regression.Microsoft Excel
output is provided below:
-Referring to Scenario 18-1, one individual in the sample had an annual income of $40,000, a
Family size of 1, and an education of 8 years.This individual owned a home with an area of
1,000 square feet (House = 10.00) .What is the residual (in hundreds of square feet) for this data
Point?

• A) -6.99
• B) -5.35
• C) 5.40
• D) 16.99

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Definitions:

Myelin

A fatty substance that surrounds neurons' axons, helping to speed up the transmission of electrical signals in the nervous system.

Neurons

Electrically excitable cells in the nervous system that process and transmit information through electrical and chemical signals.

Neurotransmitters

Chemical messengers that transmit signals across the synaptic cleft from one neuron to another, influencing mental processes and behavior.

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.