PART B: WRITING EXERCISE $(4$ points$)$

The estimated results are as following:

Question $1(1$ point$)$: Write the SRF

Question $2(1$ point$)$: Calculate and explain the meaning of $R^2$

Question $3(1$ point$)$: Test for the overall significance of the model, given the critical value

equals $2\mathrm{.}72$

Question $4(1$ point$)$: Test for the significance of the variable sqrft with the critical value

nethod and explain its meaning, given the critical value equals $\frac{?}{\text{b}\text{a}\text{r}}(1\mathrm{.}99)$