Mathematics, 09.12.2021 03:20 719729

A friend of yours is shopping for a house and is interested in a particular three-bedroom house in Bethesda, which is 7 years old and has 1,750 square feet of gross living pace. The asking price for the house is $1,000,000. Using the regression model, would you say the asking price is higher or lower than its fair market value, in the absence of any additional information?

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