Question: Next you construct a model with Sq Ft, Built, and Days on Zillow to predict selling prices (Model 2). SUMMARY OUTPUT Regression Statistics Multiple R

 Next you construct a model with Sq Ft, Built, and Days

Next you construct a model with Sq Ft, Built, and Days on Zillow to predict selling prices (Model 2). SUMMARY OUTPUT Regression Statistics Multiple R 0.8209 R Square 0.6738 Adjusted R Square 0.6583 Standard Error 101.9828 Observations 67 ANOVA df SS MS F Significance F Regression 3 1353514.656 451171.6 43.37981 2.50316E-15 Residual 63 655231.3087 10400.5 Total 66 2008745.965 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -1168.9937 729.3502 -1.6028 0.113984 -2626.4838 288.4965 SqFt 0.1648 0.0166 9.9135 1.76E-14 0.1316 0.1980 Days on Zillow -0.4187 0.2296 -1.8239 0.072904 -0.8774 0.0400 Built 0.7175 0.3784 1.8962 0.062525 -0.0387 1.4737 Answer the following questions for Model 2: 5e) State the hypotheses associated with assessing the statistical significance of the overall regression model (6 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!