Question 1:

Review the regression output below

	Df	SS	MF	F	Significance F
Regression	2	3.84879E+11	1.92E+11	139.7705	2.70104E-29
Residual	97	1.33552E+11	1.38E+09
Total	99	5.18431E+11

	Coefficients	Standard Error	T Stat	P-value	Lower 95%	Upper 95%
Intercept	-7798.603858	11560.61659	-0.67458	0.501545	-30743.22765	15146.02
X1	73.61596636	8.308946881	8.859843	3.87E-14	57.12500683	90.10693
X2	21068.19344	8153.874519	2.583826	0.011262	4885.009629	37251.38

In the above Exhibit, if X1 variable represented Living Area (in Sq Ft) and X2 represented number of Bathrooms, make a prediction for House Price in $ for a house with living area of 2350 sq.ft and 2 Bathrooms.

Predicted House Price = $________ (Round to the nearest integer ignoring the decimal values.)

Question 2:

Assuming X1 represents Living Area (in Sq.Ft) in the Exhibit above, construct a 95% confidence interval estimate of the population slope between House Price and the Living area of the house. Interpret the meaning of the 95% confidence interval with the Living Area predictor.