Question: Using the information below calculate the predicted value for Y for the given value of X. Y (Dependent Variable) = Cost of a house in
Using the information below calculate the predicted value for Y for the given value of X.
Y (Dependent Variable) = Cost of a house in thousands of dollars
X (Independent Variable) = size of the house in hundreds of square feet
yhat = 10 + 12.3*X
On average how many thousands of dollars will a house cost if it is 20 hundred square feet (round your answer to 4 decimal places)?
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