Problem Set 14 0 Saved Help 1 A real estate developer wishes to study the relationship between the size of home a client will purchase (in square feet) and other variables. Possible independent variables include the family income, family size, whether there is a senior adult parent living with the family (1 for yes, 0 for no), and the total years of education beyond high school forthe husband and wife. The sample information is 25 reported below. points Square Income Family Senior Family Feet (0005) Size Parent: Education eBook 1 2,240 50.8 2 0 4 2 2,380 68.4 2 1 6 3 3,400 104.5 3 0 7 4 3,360 89.3 4 1 0 5 3,000 72 .2 4 0 2 6 2,900 114 3 1 10 7 4,100 125.4 6 0 6 8 2,520 83.6 3 0 8 9 4,200 133 5 0 2 10 2,800 95 3 0 6 k he'F'ror the Excel D't' F a. Develop an appropriate multiple regression equation using stepwise regression. (Use Excel data analysis and enter number of family members first. then their income and delete any insignificant variables. Leave no cells blank - be certain to enter "0" wherever required. Rand R2 adj are in percent values. Round your answers to 3 decimal places.) Family Size tstatistic Rte)! 1 of 4 Next > Save & Exlt Submit w Help Save & Exit Submit w EI3 CIrck''r''rBF't'H'Ek'c'ElB''t' Fll: Problem Set 14 0 Saved a. Develop an appropriate multiple regression equation using stepwise regression. (Use Excel data analysis and enter number of family members first, then their income and delete any insignificant variables. Leave no cells blank - be certain to enter "0" 25 wherever required. Rand R2 adj are in percent values. Round your answers to 3 decimal places.) points e Book Family Size tstatistic Income tstatistic pvalue b. Select all independent variables that should be in the final model. (You may select more than one answer. Single-click the box with the question mark to produce a check mark for a correct answer and double-click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) fire! 1 of 4 Problem Set 14 0 Saved Help Save & Exlt Submit w 1 b. Select all independent variables that should be in the final model. (You may select more than one answer. Single-click the box with the question mark to produce a check mark for a correct answer and double-click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 25 points a Senior parent eBook a Square feet [I Family size I: income a Education c. Write out the regression equation. _:-::_ 11. Report and interpret the adjusted R2. Rte! 1 of 4 \fU V W X Y Z AA AB AC AD AE AF B C D E G H K L M N O P Q R S T Family _ SqrFt Income Size Senior Education 2240 60.8 2 0 4 2380 68.4 IN 6 IN 3400 104.5 W 0 3360 89.3 0 3000 72.2 0 2 2900 114 10 4100 125.4 WU WOWP 2520 83.6 10 9 4200 133 O 11 10 2800 95 12 13 14 15 16 32 33 34 35 36 Ch14_12v2_18e + + 100% Ready