Question: Statistics Math Problem: A real estate agent likes to predict the selling price of a home based on several variables: size, location, condition, # of

Statistics Math Problem:

A real estate agent likes to predict the selling price of a home based on several variables: size, location, condition, # of bedrooms, etc.

Based on the example, what is/are the independent variable(s)? What is/are the dependent variable(s)?

Provide two examples of situations in business, or your field, when regression is used. Explain each situation in detail.

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