Question: The following data was collected to explore how the number of square feet in a house, the number of bedrooms, and the age of the

The following data was collected to explore how the number of square feet in a house, the number of bedrooms, and the age of the house affect the selling price of the house. The dependent variable is the selling price of the house, the first independent variable (x1) is the square footage, the second independent variable (x2) is the number of bedrooms, and the third independent variable (x3) is the age of the house.

Square Feet Number of Bedrooms Age Selling Price

2943 5 14 308900

2423 4 14 305300

2379 4 14 283000

2260 4 13 228700

1618 4 12 147900

1405 3 9 114700

1332 2 6 108700

1194 2 4 108200

1120 2 3 105800

Question:Determine if a statistically significant linear relationship exists between the independent and dependent variables at the0.01

0.01level of significance. If the relationship is statistically significant, identify the multiple regression equation.

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