(A)Use the Information Above to Estimate the Linear Regression Model

question 54

Essay

(A)Use the information above to estimate the linear regression model.
(B)Interpret each of the estimated regression coefficients of the regression model in (A).
(C)Would any of the variables in this model be considered a dummy variable? Explain your answer.
(D)Identify and interpret the coefficient of determination ( )and the standard error of the estimate (s_e)for the model in (A).
(E)Use the estimated model in (A)to predict the sales price of a 2500 square feet,15-year old house that has 5 rooms and an attached garage.

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Definitions:

Metacarpals

Bones found in the hand that connect the fingers to the wrist.

Phalanges

are the bones of the fingers and toes, which play essential roles in the ability to grasp objects and maintain balance.

Cranial Bones

The bones that form the skull, protecting the brain and supporting structures of the face.

Flat Bones

Bones with a thin, roughly parallel surface that provide protection for body organs and a base for muscular attachment. Examples include the skull, ribs, and scapulae.