Question: Question 7 A model to estimate House Price based upon the size of the house (Space) and the number of bedrooms (Beds), resulted in the

Question 7 A model to estimate House Price based
Question 7 A model to estimate House Price based upon the size of the house (Space) and the number of bedrooms (Beds), resulted in the following output. Let us assume that space and number of bedrooms are not correlated. If the model was used to evaluate the impact of increasing the size of a house by building an addition, which of the following would NOT be true Regression Statistics Multiple R 0.7894068 R Square 0.623163 Adjusted R Square 0.6140826 Standard Error 83682.642 Observations 86 Intercept Space Coefficientsandard Erre 173184.37 35966.22 161.25873 22.46425 28725.469 5530.864 Bed Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a adding a bedroom would increase the price. b a 200 square foot addition would increase the price by approximately $32,252 C the impact on price cannot be exactly determined, but in the worst case it should be at least $116 per additional square foot. d will be a good investment as long as the construction cost per square foot does not exceed $200. Unanswered Save

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