Question: In Problem 13 8 on page 470 you used the land

In Problem 13.8 on page 470, you used the land area of a property and the age of a house to predict the fair market value (stored in GlenCove). Using the results from that problem,
a. determine whether there is a significant relationship between fair market value and the two independent variables (land area of a property and age of a house) at the 0.05 level of significance.
b. interpret the meaning of the p value.
c. compute the coefficient of multiple determination, r2, and interpret its meaning.
d. compute the adjusted r2.

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  • CreatedJuly 16, 2015
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