A Realtor Is Trying to Predict the Selling Price of Houses

question 55

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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