you will find the 2018 data for 17 cities in the data set Cost of Living. Included are the 2018 cost of living index, cost of a 3-bedroom apartment (per month), price of monthly transportation pass, price of a mid-range bottle of wine, price of a loaf of bread (1 lb.), the price of a gallon of milk and price for a 12 oz. cup of black coffee. All prices are in U.S. dollars. In the cities of Athens, Amsterdam, and Vancouver.

You use this information to run a Multiple Linear Regression to predict Cost of living, along with calculating various descriptive statistics.

City	Cost of Living Index	Rent (in City Centre)	Monthly Pubic Trans Pass	Loaf of Bread	Milk	Bottle of Wine (mid-range)	Coffee
Athens	63.06	$569.12	$35.31	$0.80	$5.35	$8.24	$2.88
Amsterdam	85.9	$2,823.28	$105.93	$1.33	$4.34	$7.06	$1.71
Vancouver	74.06	$2,937.27	$74.28	$2.28	$7.12	$14.38	$1.47

• Based on the MLR output, what variable(s) is/are significant?
• From the significant predictors, review the mean, median, min, max, Q1 and Q3 values?
  • It might be a good idea to compare these values to what the New York value is for that variable. Remember New York is the baseline as that is where headquarters are located.
• Based on the descriptive statistics, for the significant predictors, what city has the best potential?
  • What city or cities fall are below the median?
  • What city or cities are in the upper 3^rd quartile?

mean	75.49	$2,463.12	$78.01	$1.47	$4.71	$10.41	$1.76
median	82.2	$2,354.10	$74.28	$1.37	$4.34	$8.24	$1.71
min	31.74	$569.12	$7.66	$0.41	$2.68	$5.46	$0.84
max	100	$5,877.45	$173.81	$2.93	$7.90	$17.75	$2.88
Q1	66.75	$1,695.77	$41.20	$1.04	$3.63	$7.06	$1.51
Q3	88.33	$2,937.27	$105.93	$1.77	$5.35	$14.12	$1.98

the MLR has already been calculated. Your task is to interpret the data for the cities of Athens, Amsterdam, and Vancouver.

City	Cost of Living Index	Rent (in City Centre)	Monthly Pubic Trans Pass	Loaf of Bread	Milk	Bottle of Wine (mid-range)	Coffee
Mumbai	31.74	$1,642.68	$7.66	$0.41	$2.93	$10.73	$1.63
Prague	50.95	$1,240.48	$25.01	$0.92	$3.14	$5.46	$2.17
Warsaw	45.45	$1,060.06	$30.09	$0.69	$2.68	$6.84	$1.98
Athens	63.06	$569.12	$35.31	$0.80	$5.35	$8.24	$2.88
Rome	78.19	$2,354.10	$41.20	$1.38	$6.82	$7.06	$1.51
Seoul	83.45	$2,370.81	$50.53	$2.44	$7.90	$17.57	$1.79
Brussels	82.2	$1,734.75	$57.68	$1.66	$4.17	$8.24	$1.51
Madrid	66.75	$1,795.10	$64.27	$1.04	$3.63	$5.89	$1.58
Vancouver	74.06	$2,937.27	$74.28	$2.28	$7.12	$14.38	$1.47
Paris	89.94	$2,701.61	$85.92	$1.56	$4.68	$8.24	$1.51
Tokyo	92.94	$2,197.03	$88.77	$1.77	$6.46	$17.75	$1.49
Berlin	71.65	$1,695.77	$95.34	$1.24	$3.52	$5.89	$1.71
Amsterdam	85.9	$2,823.28	$105.93	$1.33	$4.34	$7.06	$1.71
New York	100	$5,877.45	$121.00	$2.93	$3.98	$15.00	$0.84
Sydney	90.78	$3,777.72	$124.55	$1.94	$4.43	$14.01	$2.26
Dublin	87.93	$3,025.83	$144.78	$1.37	$4.31	$14.12	$2.06
London	88.33	$4,069.99	$173.81	$1.23	$4.63	$10.53	$1.90

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.935824078
R Square	0.875766706
Adjusted R Square	80.12%
Standard Error	8.30945321
Observations	17
ANOVA
	df	SS	MS	F	Significance F
Regression	6	4867.380768	811.2301279	11.74895331	0.00049963
Residual	10	690.4701265	69.04701265
Total	16	5557.850894
	Coefficients	Standard Error	t Stat	P-value	Lower 95%	Upper 95%	Lower 95.0%	Upper 95.0%
Intercept	35.63950178	15.41876933	2.311436213	0.043401141	1.284342794	69.99466077	1.284342794	69.99466077
Rent (in City Centre)	-0.003212852	0.003974813	-0.808302603	0.437722785	-0.012069287	0.005643584	-0.012069287	0.005643584
Monthly Pubic Trans Pass	0.299650003	0.076964051	3.89337619	0.002993072	0.128163411	0.471136595	0.128163411	0.471136595
Loaf of Bread	16.59481787	6.713301249	2.47193106	0.032995588	1.636650533	31.55298521	1.636650533	31.55298521
Milk	2.912081706	1.98941146	1.463790555	0.173964311	-1.520603261	7.344766672	-1.520603261	7.344766672
Bottle of Wine (mid-range)	-0.889805486	0.740190296	-1.202130709	0.257006081	-2.539052244	0.759441271	-2.539052244	0.759441271
Coffee	-2.527438053	6.484555358	-0.389762738	0.704884259	-16.97592778	11.92105168	-16.97592778	11.92105168