Real Estate Builder a Real Estate Builder Wishes to Determine

question 81

Essay

Real Estate Builder A real estate builder wishes to determine how house size is influenced by family income, family size, and education of the head of household. House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is measured in years. A partial computer output is shown below. SUMMARY OUTPUT
ANOVA
  {Real Estate Builder Narrative} What is the predicted house size for an individual earning an annual income of $40,000, having a family size of 4, and having 13 years of education?

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