In Example 2 on y = house selling price, x1 = house size, and x2 = number
Question:
a. Interpret the value of the multiple correlation.
b. Suppose house selling prices are changed from dollars to thousands of dollars. Explain why if each house price in Table 13.1 is divided by 1000, then the prediction equation changes to = 60.102 + 0.063x1 + 15.170x2.
c. In part b, does the multiple correlation change to 0.00072? Justify your answer.
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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