How Would You Interpret the Coefficient on X₂

question 11

Multiple Choice

How would you interpret the coefficient on x₂?

• A)The average square footage area of living space is 1,250 square feet.
• B)We would expect to pay approximately an additional $1,000 for each additional square foot of living space.
• C)We would expect to pay an additional $1,000 for each an additional 125 square foot of living space,given that the number of bedrooms and the number of miles from the beach are held constant.
• D)We would expect to pay,on average,an additional $125 for each additional square foot of living space,given that the number of bedrooms and the number of miles from the beach are held constant.

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Definitions:

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Ambiguous Genitals

A condition present at birth where the external genitalia do not have the typical appearance of either male or female.

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A diminished ability to understand and share the feelings of others, which can affect social interactions and relationships.

Aggressively Behave

Exhibiting behavior that is forceful, potentially harmful, or assertive, often with the intent to dominate or intimidate.