Business, 11.06.2020 20:57 javontiye226
A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace, 1 if there is a fireplace). Part of the regression output is provided below based on a sample of 20 homes. Some of the information has been omitted.
Errort-Stat
Intercept128.937462.620530249.203
Size 1.207243611.439
FP6.476019541.98036123.27
a. The estimated coefficient for size is approximately .
b. How many predictors (independent variables) were used in the regression?
Answers: 1
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Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
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A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) a...
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