You have performed a simple linear regression model to understand the effect of Number of Bedrooms on House Price.House Price is in Thousand $ and Number of Bedrooms is in number of bedroomsCoefficientt-statisticp-valueIntercept28.776.52<0.000Number ofBedrooms13.279.18<0.000How do you interpret the coefficient 13.27 of Number of Bedrooms? Select one from below:Increase in ten bedrooms will lead to about $13.27 Thousands increase in house priceIncrease in one bedroom will lead to about $100 increase in house price.Increase in 13.27 bedroom square foot will lead to about $1 Thousand increase in house price.Increase in one bedroom will lead to about $13.27 Thousands increase in house price.