Question: Using the accompanying Home Market Value data, develop a multiple linear regression model for estimating the market value as a function of both the age

Using the accompanying Home Market Value data, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. State the model and explain , Significance F, and p-values, with an alpha of 0.05

Using the accompanying Home Market Value data, develop a multiple linear regression

model for estimating the market value as a function of both the

1636 House Aq: Square Fee Market Value 311 18101 92158 30 1842 109615 31 1923 93633 331 1817 91619 33 1814 99619 35 2067 113910 33 1732 91339 34 1804 93419 33 18121 93432 34 1701 91484 33 1819 101853 30 1588 99859 31 1621 91765 311 2261 113890 31 2401 110046 31 1616 85204 311 2130 111667 34 90649 33 1654 86477 34 1653 82956 29 1568 84059 28 1504 77352 27 1566 77469 29 1558 88862 27 1524 81608 28 1525 77516 29 1475 83544 28 1695 95850 28 1420 85583 29 1497 88145) 28 1484 87351 28 1582 87154 26 1489 76495 29 1513 83136 27 1628 86869 29 1584 78679 28 1752 89331 28 1512 83385 26 1572 97380 28 1564 86512 28 1609 99693 26 1537) 121958 Ho: B1 = P2 =.=Bk = 0 H,: at least one B; is not State the model for predicting MarketValue as a function of Age and Size, where Age is the age of the house, and Size is the size of the house in square feet. MarketValue = 1+ Age+ (Size (Type integers or decimals rounded to three decimal places as needed.) The Significance Fis (Type an integer or decimal rounded to three decimal places as needed.) the chosen level of significance. Therefore, reject the null hypothesis. The results suggest that The Significance F is less than at least one slope is not 0. the chosen level of significance. Therefore, reject the null hypothesis. The results suggest that The Significance Fis less than at least one slope is not 0. The Age p-value is (Type an integer or decimal rounded to three decimal places as needed.) The Size p-value is (Type an integer or decimal rounded to three decimal places as needed.) The results suggest that at least one variable in the model is/are significant. 1636 House Aq: Square Fee Market Value 311 18101 92158 30 1842 109615 31 1923 93633 331 1817 91619 33 1814 99619 35 2067 113910 33 1732 91339 34 1804 93419 33 18121 93432 34 1701 91484 33 1819 101853 30 1588 99859 31 1621 91765 311 2261 113890 31 2401 110046 31 1616 85204 311 2130 111667 34 90649 33 1654 86477 34 1653 82956 29 1568 84059 28 1504 77352 27 1566 77469 29 1558 88862 27 1524 81608 28 1525 77516 29 1475 83544 28 1695 95850 28 1420 85583 29 1497 88145) 28 1484 87351 28 1582 87154 26 1489 76495 29 1513 83136 27 1628 86869 29 1584 78679 28 1752 89331 28 1512 83385 26 1572 97380 28 1564 86512 28 1609 99693 26 1537) 121958 Ho: B1 = P2 =.=Bk = 0 H,: at least one B; is not State the model for predicting MarketValue as a function of Age and Size, where Age is the age of the house, and Size is the size of the house in square feet. MarketValue = 1+ Age+ (Size (Type integers or decimals rounded to three decimal places as needed.) The Significance Fis (Type an integer or decimal rounded to three decimal places as needed.) the chosen level of significance. Therefore, reject the null hypothesis. The results suggest that The Significance F is less than at least one slope is not 0. the chosen level of significance. Therefore, reject the null hypothesis. The results suggest that The Significance Fis less than at least one slope is not 0. The Age p-value is (Type an integer or decimal rounded to three decimal places as needed.) The Size p-value is (Type an integer or decimal rounded to three decimal places as needed.) The results suggest that at least one variable in the model is/are significant

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