In: Statistics and Probability
1. Discuss the individual statistical significance of the coefficient for each independent variable for each of the preceding simple and multiple linear regression models at a 90% level of confidence and 95% level of confidence.
Selling Price | Living Area (Sq Feet) | No. Bathrooms | No Bedrooms |
$145,000 | 1,152 | 1 | 2 |
$103,000 | 1,290 | 1.5 | 3 |
$210,000 | 2,396 | 1.5 | 4 |
$559,000 | 3,090 | 4 | 4 |
$218,000 | 1,428 | 1 | 3 |
$262,138 | 1,631 | 2.5 | 3 |
$125,000 | 1,368 | 1 | 3 |
$130,000 | 1,134 | 1 | 3 |
$157,500 | 1,697 | 1.5 | 3 |
$193,000 | 1,666 | 2.5 | 3 |
$275,000 | 1,738 | 2.5 | 4 |
$240,000 | 1,457 | 1.5 | 2 |
$200,136 | 1,632 | 2.5 | 3 |
$395,000 | 2,186 | 2.5 | 3 |
$366,703 | 2,117 | 2.5 | 3 |
$103,150 | 936 | 1 | 3 |
$310,000 | 3,347 | 2.5 | 6 |
$142,900 | 1,824 | 2.5 | 4 |
$359,770 | 2,592 | 3 | 3 |