Question: QUESTION 1 Consider the following regression model: Price = 1 + 2 S q f t + 3 Utown + 4 Age + 5 Fireplace

QUESTION 1
Consider the following regression model:
Price =1+2Sqft+3 Utown +4 Age +5 Fireplace +6 Pool +7 Twostory +i
Where:
Price = house price ($1000)
Size = size of the house (100 squarefeet)
Utown =1 if the house is close to the university
Age = age of the house years
QUESTION 1 Consider the following regression model: Price =1+2Sqft+3 Utown +4

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