Question: Which variables in the model (if any) show that are a significant predictor of price of the home? Which variables in the model (if any)

Which variables in the model (if any) show that are a significant predictor of price of the home? Which variables in the model (if any) show that are not a significant predictor of price of the home? Does the multiple regression model provide a better fit than the best fitting simple regression model?

SUMMARY OUTPUT Regression Statistics Multiple R 0.728562284 R Square 0.530803002 Adjusted R Square 0.528897633 Standard Error 45763.80507 Observations 990 ANOVA df SS MS F Significance F Regression 4 2.33377E+12 5.83443E+11 278.5828546 3.6429E-160 Residual 985 2.06291E+12 2094325854 Total 989 4.39668E+12 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 17606.62145 7270.343656 2.421704156 0.015627633 3339.478684 31873.76422 3339.478684 31873.76422 Living Area (Square Feet) 75.56071105 4.359760589 17.33138999 6.15403E-59 67.00522458 84.11619751 67.00522458 84.11619751 Number of Bedrooms -7137.174975 2683.827661 -2.659326855 0.007956769 -12403.85207 -1870.49788 -12403.85207 1870.49788 Number of Bathrooms 19655.38844 3707.307691 5.301795826 1.4156E-07 12380.25942 26930.51746 12380.25942 26930.51746 Age (Years) 67.6710237 53.3406078 -1.268658654 0.204862565 -172.3453146 37.00326718 -172.3453146 37.00326718

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