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Exhibit 15-8

question 108

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Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x1) ,the number of bathrooms (x2) ,and its square footage (x3) .She estimates the following model: Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model:   .The following table shows a portion of the regression results.   Refer to Exhibit 15-8.When testing whether Bed is significant at the 5% level,she A) Rejects   ,and concludes that the number of bedrooms significantly influences rent. B) Does not reject   ,and concludes that the number of bedrooms significantly influences rent. C) Rejects   ,and concludes that the number of bedrooms does not significantly influence rent. D) Does not reject .The following table shows a portion of the regression results. Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model:   .The following table shows a portion of the regression results.   Refer to Exhibit 15-8.When testing whether Bed is significant at the 5% level,she A) Rejects   ,and concludes that the number of bedrooms significantly influences rent. B) Does not reject   ,and concludes that the number of bedrooms significantly influences rent. C) Rejects   ,and concludes that the number of bedrooms does not significantly influence rent. D) Does not reject Refer to Exhibit 15-8.When testing whether Bed is significant at the 5% level,she


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Innate Rule System

Refers to a set of principles or mechanisms believed to be pre-wired in humans, governing behavior or cognitive processing from birth.

Vocabulary Size

The total number of distinct words a person knows and can use.

Cognitive Explanations

encompass the reasoning or theories that explain how mental processes such as perception, memory, and problem-solving work.

Chomsky

A linguist and cognitive scientist who revolutionized the field of linguistics with his theory of generative grammar, emphasizing the innate structure of human language.

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