Consider the Following to Answer the Question(s) Below

question 18

Multiple Choice

Consider the following to answer the question(s) below:
A regression was performed to predict the Selling Price of a yacht in thousands of dollars based on the number of Rooms it had, its Age (years) , and its Length (feet) . The R2 is 68.45%. The equation is given here.
Selling Price = 120.51 + 7.46 Rooms - 1.78 Age + 2.83 Length
-If a yacht has 5 rooms, is 4 years old, and is 60 feet long, what would the model predict the selling price to be?

• A) $320,490
• B) $250,960
• C) $332,650
• D) $199,340
• E) $301,490

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Long-Term Organization

An entity or business with strategies and goals extended over a significant period, focusing on stability and growth.

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Intense, irrational fears of specific objects, activities, or situations that lead to avoidance behavior.

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The sudden and often vivid recollection of past experiences or events, typically associated with trauma.

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