Question Details

(Solved) Price 8,604 12,049 9,261 6,324 2,261 3,773 7,796 4,425 8,838 -731 9,104 9,237 6,555 4,970 10,421 2,863 2,350 7,844 2,477 4,878 6,140 6,330 8,510...


Refer to Problem 16.12 and its accompanying data file.  Please read this question carefully as content of the test question may be different than in your textbook.   A real estate agent specializing in commercial real estate wanted a more precise method of judging the likely selling price (in $1000s) of apartment buildings. The agent took a sample of apartment buildings. The following variables were recorded: the price of apartment buildings (in $1000s), number of square feet (in 1000s), number of apartments within the building, the age of each of the buildings, and the number of floors within each the apartment buildings in the sample.

 

Perform a multiple regression of y on x by only using the independent variables “age” and “floors”. 


Test the significance of the slopes using the appropriate two-tailed hypothesis test. Your result/decision is:

a.cannot be determine

b.do not reject the null; none of the two independent variables are significant.

c.reject the null; both independent variables are significant

d.reject the null; only one of the independent variables is significant

Price
8,604
12,049
9,261
6,324
2,261
3,773
7,796
4,425
8,838
-731
9,104
9,237
6,555
4,970
10,421
2,863
2,350
7,844
2,477
4,878
6,140
6,330
8,510
3,155
13,295
3,708
10,001
7,256
1,950
11,072
4,107
6,488
617
9,291
873
11,530
10,838
5,811
6,559
7,771 Size
77.8
60.7
69.7
99.3
48
69
27.8
53.5
79.5
52
64.6
10
95.3
75.9
4.4
44.6
59.9
80.7
27.4
26.6
44.2
63.5
102.8
6.3
92.8
46.2
78.7
42.5
51.6
81.2
24.3
1.5
38.2
54.8
26.1
54.9
78.4
53.5
44.5
44.6 Apartments
78
117
89
88
48
60
74
56
101
44
64
82
92
110
42
54
72
110
48
15
75
70
99
43
122
77
89
62
36
74
61
49
32
96
51
101
76
49
87
84 Age
15
14
10
9
18
11
17
12
13
10
17
16
19
16
5
21
12
6
17
16
22
9
17
16
17
10
12
15
9
19
19
15
25
8
17
15
13
13
14
11 Floors
8
12
7
6
8
12
7
4
14
6
7
5
8
18
7
7
9
8
6
3
5
7
6
4
8
6
10
8
4
7
5
8
4
4
6
8
5
4
8
6

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 05, 2019

PRICE: $15

Solution~000200165572.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 05, 2019

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now