Question: Can you answer this please? thank you! A regression analysis to predict sales price , Y, for a property (in hundred thousands of dollars) from

Can you answer this please? thank you!

Can you answer this please? thank you! A regression analysis to predict

A regression analysis to predict sales price , Y, for a property (in hundred thousands of dollars) from its view rating, X 1 , and its distance away from the ocean, X 2 , (in number of blocks), resulted in the following equation : Y = 2.6 + 0.8X, - 0.6 X2 The regression coefficient, b2 = - 0.6 , in the above equation, means that O each additional block farther away from the ocean decreases the property's sales price by $60,000, O each additional block farther away from the ocean, holding the property's view rating constant, decreases the property's sales price by $60,000. O each additional block farther away from the ocean, holding the property's view rating constant, decreases the property's sales price by $600,000. each additional block away from the ocean, decreases the property's sales price by $200,000

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