A Realtor Is Trying to Predict the Selling Price of Houses

question 12

Multiple Choice

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of Size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace,1 if there is a fireplace) .Part of the regression output is provided below,based on a sample of 20 homes.Some of the information has been omitted. The estimated coefficient for Size is approximately

• A)9.5
• B)13.8
• C)122.5
• D)1442.6

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Definitions:

Employee Behaviour

The actions and conduct of individuals within an organizational setting, influenced by the organizational environment.

Expectancy Theory

A motivational theory suggesting that an individual's motivation is based on their expectation that effort will lead to performance and performance will lead to desired rewards.

Sales-Based Commissions

Sales-based commissions are payments made to employees based on the volume or value of sales they generate, typically a percentage of sales revenue.

Task Behaviour

The actions and activities an individual undertakes as part of their job responsibilities or duties.