Question: A model derived from a large sample of house prices based on 3 important characteristics yielded the following results. - Average value, net of model
A model derived from a large sample of house prices based on 3 important characteristics yielded the following results. - Average value, net of model characteristics $134534 - Estimated effects on price Characteristic Units Value Building size Square feet Distance from subway Miles (15,000) An appraiser is using this model to value a house with 1300 square feet that is 5 miles from the subway. What will the estimated value be? A model derived from a large sample of house prices based on 3 important characteristics yielded the following results. - Average value, net of model characteristics $134534 - Estimated effects on price Characteristic Units Value Building size Square feet Distance from subway Miles (15,000) An appraiser is using this model to value a house with 1300 square feet that is 5 miles from the subway. What will the estimated value be
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