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Author Question: For the least-squares equation = 3,698 + 2,538X, Y represents house prices and X represents number ... (Read 231 times)

stevenposner

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For the least-squares equation = 3,698 + 2,538X, Y represents house prices and X represents number of rooms. Which of the following statements is true?
 
  A) Only 36.98 of the variation in house prices can be explained by the number of rooms in the house.
  B) For every additional room that is added in a house, house prices increase by 2,538.
  C) As the number of rooms in the house increase, prices fall by 3,698.
  D) 25.38 of the house price is attributed to the number of rooms.

Question 2

The population mean is represented by ________.
 
  A)
  B)
  C)
  D)


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bobsmith

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stevenposner

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Reply 2 on: Jun 24, 2018
Excellent


TheNamesImani

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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