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A real estate builder wishes to determine how house size (House) is influenced by family income...

A real estate builder wishes to determine how house size (House) is influenced by family income (Income), family size (Size), and education of the head of household (School). House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is in years. The builder randomly selected 50 families and ran the multiple regression. Microsoft Excel output is provided below:

Which of the independent variables in the model are significant at the 5% level?

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Expert Solution

Which of the independent variables in the model are significant at the 5% level?

Income, Size

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