Question: SUM MARY OUTPUT Regression Statistics Multiple R 0.90 R Squared 0.80 Adjusted qu 0.79 Standard Error 82.06 Observations 19.00 ANOVA df SS MS Regression 1

 SUM MARY OUTPUT Regression Statistics Multiple R 0.90 R Squared 0.80

SUM MARY OUTPUT Regression Statistics Multiple R 0.90 R Squared 0.80 Adjusted qu 0.79 Standard Error 82.06 Observations 19.00 ANOVA df SS MS Regression 1 4672475 467247.5 Residual 17 1144662 6733.3 Total 18 581713] Coefficients St Error t Stat Intercept 756.26 30.41 24.87 Age 10.27 1.23 8.33 This output was obtained from data on the age of houses (in years) and the associated amount paid in rates (5). Predict the rates paid (in dollars correct to two decimal places) for a house that is 25.7 years old

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