Question: 10. Refer to Table 9.4 In that data set, whether a house is new is a dummy variable Using software, put this as the sole
10. Refer to Table 9.4 In that data set, whether a house is new is a dummy variable Using software, put this as the sole predictor of selling price in a regression analysis.
a) Conduct the test for the effect of this variable in the regression analysis (i.e., test Ho B=0). Interpret
b) Conduct the F test for the analysis of variance comparing the mean selling prices of new and existing homes.
c) Explain the connection between the value of t in
(a) and the value of F in (b).
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