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

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