Question: 11.3. Refer to the previous exercise: (a) For fixed home size, how much would lot size need to increase to have the same impact as

11.3. Refer to the previous exercise:

(a) For fixed home size, how much would lot size need to increase to have the same impact as a one square foot increase in home size?

(b) Suppose house selling prices arc changed from dollars to thousands of dollars. Explain why the prediction equation changes to y =

-10.536 + 0.0538x1 + 0.00284x2.

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