Question: Is Square Feet a significant explanatory variable? (Look at the p-value on the line for Square Feet. Is it less than 0.05? If so, it
Is Square Feet a significant explanatory variable? (Look at the p-value on the line for Square Feet. Is it less than 0.05? If so, it is significant at the alpha = 0.05 level
| Count | Street Address | House Age | Square Feet | Market Value |
| 1 | 1357 | 33 | 1,812 | $90,000.00 |
| 2 | 1358 | 32 | 1,914 | $104,400.00 |
| 3 | 1361 | 32 | 1,842 | $93,300.00 |
| 4 | 1362 | 33 | 1,812 | $91,000.00 |
| 5 | 1365 | 32 | 1,836 | $101,900.00 |
| 6 | 1366 | 33 | 2,028 | $108,500.00 |
| 7 | 1369 | 32 | 1,732 | $87,600.00 |
| 8 | 1370 | 33 | 1,850 | $96,000.00 |
| 9 | 1373 | 32 | 1,791 | $89,200.00 |
| 10 | 1374 | 33 | 1,666 | $88,400.00 |
| 11 | 1377 | 32 | 1,852 | $100,800.00 |
| 12 | 1378 | 32 | 1,620 | $96,700.00 |
| 13 | 1381 | 32 | 1,692 | $87,500.00 |
| 14 | 1382 | 32 | 2,372 | $114,000.00 |
| 15 | 1385 | 32 | 2,372 | $113,200.00 |
| 16 | 1386 | 33 | 1,666 | $87,500.00 |
| 17 | 1389 | 32 | 2,123 | $116,100.00 |
| 18 | 1390 | 32 | 1,620 | $94,700.00 |
| 19 | 1393 | 32 | 1,731 | $86,400.00 |
| 20 | 1394 | 32 | 1,666 | $87,100.00 |
| 21 | 1405 | 28 | 1,520 | $83,400.00 |
| 22 | 1406 | 27 | 1,484 | $79,800.00 |
| 23 | 1409 | 28 | 1,588 | $81,500.00 |
| 24 | 1410 | 28 | 1,598 | $87,100.00 |
| 25 | 1413 | 28 | 1,484 | $82,600.00 |
| 26 | 1414 | 28 | 1,484 | $78,800.00 |
| 27 | 1417 | 28 | 1,520 | $87,600.00 |
| 28 | 1418 | 27 | 1,701 | $94,200.00 |
| 29 | 1421 | 28 | 1,484 | $82,000.00 |
| 30 | 1425 | 28 | 1,468 | $88,100.00 |
| 31 | 1426 | 28 | 1,520 | $88,100.00 |
| 32 | 1429 | 27 | 1,520 | $88,600.00 |
| 33 | 1430 | 27 | 1,484 | $76,600.00 |
| 34 | 1434 | 28 | 1,520 | $84,400.00 |
| 35 | 1438 | 27 | 1,668 | $90,900.00 |
| 36 | 1442 | 28 | 1,588 | $81,000.00 |
| 37 | 1446 | 28 | 1,784 | $91,300.00 |
| 38 | 1450 | 27 | 1,484 | $81,300.00 |
| 39 | 1453 | 27 | 1,520 | $100,700.00 |
| 40 | 1454 | 28 | 1,520 | $87,200.00 |
| 41 | 1457 | 27 | 1,684 | $96,700.00 |
| 42 | 1458 | 27 | 1,581 | $120,700.00 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
