Question: 1. A multiple regression analysis is run to look at the factors that effect the value of a house. It is thought that distance to
1. A multiple regression analysis is run to look at the factors that effect the value of a house. It is thought that distance to the city centre (in miles), number of bedrooms and the size of the garden (m2) are the main factors that effect the value of a house. Using the following SPSS readout:
(a) Determine which of the factors are significant in determining the value of a house.
(b) What would be the predicted value of a three bedroom house, five miles from the city centre with a garden 30m2.
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