Question: Using the output below, answer the following question in regards to predicting the appraised value of a home based on the number of bedrooms, bathrooms,
Using the output below, answer the following question in regards to predicting the appraised value of a home based on the number of bedrooms, bathrooms, and the age of a home: Regression Statistics Multiple R 0.72014611 R Square 0.518610419 Adjusted R Square 0.497979437 Standard Error 27 27458113 Observations 74 ANOVA OY Regression Residus! Total SS MS F Significance F 3 56099.47164 18699.8239 25.1374568 3.79664E-11 70 52073.19431 743.902776 73 108172 6659 Intercept Bed Bath Age Coefficients Standard Error Stet Avalue Lower 95% Upper 95% 154,0665224 28 34766452 5,43489296 75362E-07 97 52893453 210.60411 6.591255168 4.344024423 1.5173154 13369054 -2.072621262 15.2551316 37 48358407 6.14184896 6.10298044 5.1503E-08 25 2340626 49.7331055 -0.9137567460 592680674 -1.54173535 0.12764675 -2.09582011 0.26830662 What percentage of variation in the appraised value of a house can be explained by the change in the number of beds, number of baths, and the age of a home? 37.48% O 72.01% 6.59% O 51.86% O 27.27%
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