A real estate developer wishes to study the relationship between the size of home a client will

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A real estate developer wishes to study the relationship between the size of home a client will purchase (in square feet) and other variables. Possible independent variables include the family income, family size, whether there is a senior adult parent living with the family (1 for yes, 0 for no), and the total years of education beyond high school for the husband and wife. The sample information is reported below.


A real estate developer wishes to study the relationship between


Develop an appropriate multiple regression equation. Which independent variables would you include in the final regression equation? Use the stepwisemethod.

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