One of the factors that determines the price of a house is the longitude coordinate of the
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Question:
Suppose the simple regression equation to predict the price of a house (in $'000) based on its longitude (in ° E) is given by:
Price = -501,000 + 3,327 Longitude
Predict the price of a house with a longitude of 151.01 ° E
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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