Question: 15.24 You need to develop a model to predict the asking price of houses listed for sale in Silver Spring, Maryland, based on the living

15.24 You need to develop a model to predict the asking price of houses listed for sale in Silver Spring, Maryland, based on the living space of the house, the lot size, and the age, whether it has a fireplace, the number of bedrooms, and the number of bathrooms.

A sample of 61 houses is selected and the results are stored in Silver Spring Homes . Develop the most appropriate multiple regression model to predict asking price. Be sure to perform a thorough residual analysis. In addition, provide a detailed explanation of the results.

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