Table B. 4 presents data for 27 houses sold in Erie, Pennsylvania. a. Fit a simple linear
Question:
Table B. 4 presents data for 27 houses sold in Erie, Pennsylvania.
a. Fit a simple linear regression model relating selling price of the house to the current taxes $\left(x_{1}\right)$.
b. Test for significance of regression.
c. What percent of the total variability in selling price is explained by this model?
d. Find a $95 %$ CI on $\beta_{1}$.
e. Find a $95 %$ CI on the mean selling price of a house for which the current taxes are $\$ 750$.
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Related Book For 
Introduction To Linear Regression Analysis
ISBN: 9781119578727
6th Edition
Authors: Douglas C. Montgomery, Elizabeth A. Peck, G. Geoffrey Vining
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