Question
In: Statistics and Probability
Data collected from a sample of houses are organized and stored in the Table below. Develop...
Data collected from a sample of houses are organized and stored in the Table below. Develop a regression model that predicts the Assessed value of a house based on size of the house and presence of a fireplace (Fireplace=1. No fireplace=0).
| assessed value | size | fireplace |
| 234.4 | 2 | 1 |
| 227.4 | 1.71 | 0 |
| 225.7 | 1.45 | 0 |
| 235.9 | 1.76 | 1 |
| 229.1 | 1.93 | 0 |
| 220.4 | 1.2 | 1 |
| 225.8 | 1.55 | 1 |
| 235.9 | 1.93 | 1 |
| 228.5 | 1.59 | 1 |
| 229.2 | 1.5 | 1 |
| 236.7 | 1.9 | 1 |
| 229.3 | 1.39 | 1 |
| 224.5 | 1.54 | 0 |
| 233.8 | 1.89 | 1 |
| 226.8 | 1.59 | 0 |
| 243.4 | 1.78 | 1 |
| 225.8 | 1.65 | 1 |
| 220.8 | 1.35 | 0 |
Solutions
Expert Solution
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orchestra answered 3 years agoRelated Solutions
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