Question: Dependent Variable : VALUE Included Observations : 506 Variable* Coefficient Sit'd Error t - statistic Prob C 28. 4067 5.3659 5. 2939 0000'0 CRIME -

Dependent Variable : VALUE Included Observations : 506 Variable* Coefficient Sit'd Error t - statistic Prob C" 28. 4067 5.3659 5. 2939 0000'0 CRIME - 0 . 1834 0. 0365 - 5.0275 0.0000 NITROT - 22. 8109 4 . 1607 - 5.4824 0. 0000 ROOMS 6.371.5 0. 3924 16. 2378 0.0000 AGE - 0. 0478 0. 0141 - 3. 3861 0.0008 DIST - 1. 3353 0. 2001 - 6. 6714 0. 0000 ACCESS 0. 2723 0.0723 3. 7673 0.000] - 0. 0126 0.0038 - 3. 3399 IFI 0. 0009 PIRATIO - 1. 1768 0. 1394 - 8. 4409 0.0000 ( a ) Report briefly on how each of the variables influences the value of a home . ( 6 ) Find 95%/ interval estimates for the coefficients of CRIME and ACCESS! ( C ) Test the hypothesis that increasing the number of rooms by one , increases the* value of a house by $7. 000

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