The following data give the selling price, square footage, number of bedrooms, and age of houses that have sold in a neighborhood in the past 6 months. Develop three regression models to predict the selling price based upon each of the other factors individually. Which of these isbest?

Transcribed Image Text:

SELLING SQUARE PRICE( FOOTAGE BEDROOMS (YEARS) AGE 64.000 59,000 61,500 79,000 87,500 92,500 95,000 113,000 115,000 138,000 142,500 144,000 145,000 147,500 144.000 155,500 165,000 1,670 1,339 1712 1,840 2,300 2.7 2,311 2,377 2.736 2,500 2,500 2,479 2,400 3,124 2,500 4.062 2.854 30 25 30 40 18 30 19 10 21 10