TABLE 13-4 A Real Estate Builder Wishes to Determine How House Size

question 192

Multiple Choice

TABLE 13-4
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 Table 13-4, what is the predicted house size (in hundreds of square feet) for an individual earning an annual income of $40,000, having a family size of 4, and going to school a total of 13 years?

• A) 11.43
• B) 15.15
• C) 24.88
• D) 53.87

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Definitions:

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Abnormal Anxiety

Anxiety that is excessive, disproportionate to the actual threat or challenge, or persists beyond developmentally appropriate periods, often impacting daily functioning.

Excessive

Amounts or actions that go beyond what is normal, necessary, or reasonable, often leading to negative outcomes.

Important Things

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