SCENARIO 18-2
One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y) . To provide its customers with information on that matter, a large real estate firm used the following 4 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit ( X1 ) , the amount of insulation in inches ( X 2 ) , the number of windows in the house ( X3 ) , and the age of the furnace in years ( X 4 ) . Given below are the EXCEL outputs of two regression models.
-Referring to Scenario 18-1,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?
Definitions:
Agoraphobia
A fear of being in situations or places where escape might be difficult or that help wouldn't be available if things go wrong.
Brontophobia
An excessive fear of thunder and lightning, categorized as a type of specific phobia.
Simple Phobia
An intense, irrational fear of specific objects or situations, such as heights, spiders, or flying, which can lead to significant distress and avoidance behavior.
Claustrophobia
An anxiety disorder characterized by an extreme or irrational fear of confined spaces.
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