Question: Allyour answers will automatically save asyou proceed through the test. s. model to estimate House Price based upan the size of the house (5pace) and
Allyour answers will automatically save asyou proceed through the test. s. model to estimate House Price based upan the size of the house (5pace) and the number of bedroans (Beds), resulted in the following output. Let us assume that space and rumber of bedrooms are not correlated. If the model was used to epelsate the inpact of incieasing the size of a houne by bulding an addition, which of the following would Not be true addite a bedrasm would increase the price. b. 3200 square loot addition would increase the pice by apsrouinutily 232.252. bur best zuins is that the estimated price mouldi increase by 3161 pes square fogt added. The value of the house would unhi increase byila 3h of the coot ol the addion A medel to erimate House Price based upen the size of the house (Space) and the number of hedrooma (Bedis,riwiled in the following output. Let us askeme that space and number of bedrooms are not conetated. if the moded wat cued to fveluate the ampoct of increasing the sias ef a houne by building an addition, which of the following would Not be true a adding a bedroom would increase the price. b: a 2oo square foot addieion would increase the price by approimately 532,252 c. our best guess is that the estinated price would increase by 5161 per square foot added. The value of the house would ondy increase by 62.37 of the cost of the addition Allyour answers will automatically save asyou proceed through the test. s. model to estimate House Price based upan the size of the house (5pace) and the number of bedroans (Beds), resulted in the following output. Let us assume that space and rumber of bedrooms are not correlated. If the model was used to epelsate the inpact of incieasing the size of a houne by bulding an addition, which of the following would Not be true addite a bedrasm would increase the price. b. 3200 square loot addition would increase the pice by apsrouinutily 232.252. bur best zuins is that the estimated price mouldi increase by 3161 pes square fogt added. The value of the house would unhi increase byila 3h of the coot ol the addion A medel to erimate House Price based upen the size of the house (Space) and the number of hedrooma (Bedis,riwiled in the following output. Let us askeme that space and number of bedrooms are not conetated. if the moded wat cued to fveluate the ampoct of increasing the sias ef a houne by building an addition, which of the following would Not be true a adding a bedroom would increase the price. b: a 2oo square foot addieion would increase the price by approimately 532,252 c. our best guess is that the estinated price would increase by 5161 per square foot added. The value of the house would ondy increase by 62.37 of the cost of the addition
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
