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gizmo_the_mogwai [7]
2 years ago
14

A real estate builder wishes to determine how house size (House) is influenced by family income (Income), family size (Size), an

d education of the head of household (School). House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is in years. The builder randomly selected 50 families and ran the multiple regression. The business literature involving human capital shows that education influences an individual’s annual income. Combined, these may influence family size. With this in mind, what should the real estate builder be particularly concerned with when analyzing the multiple regression model?
Mathematics
1 answer:
creativ13 [48]2 years ago
8 0

When analyzing the multiple regression model, the real estate builder should be concerned with Multicollinearity.

<h3 /><h3>What is Multicollinearity?</h3>

This is a phenomenon in regression analysis where some of the independent variables are correlated. This can present an issue because the correlation leads to less reliable results.

The income in this research is influenced by the education and they both influence family size. There is therefore an issue of multicollinearity here because some variables are correlated.

Find out more on Multicollinearity at brainly.com/question/16021902.

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Answer:

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A = 800 x 2.71828^[(13/100) x 1] = 991.06 = ~911.1 dollar

Hope this helps!

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7 0
3 years ago
If the number of bacteria in a
Y_Kistochka [10]

Answer:

The population of 75 hours from now would be 40,000.

Step-by-step explanation:

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3 years ago
Michael owns dogs hamsters and fish in the ratio 2:3:6 he has 2 more hamsters than dogs how many fish does Michael have
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12 because 6 is 2 more than 4 which means you would have to add everything by themselves so 2 would be 4 3 would be 6 and 6 would be 12
8 0
3 years ago
What are 3 consecutive integers whose product is -120
iren2701 [21]
Consecutive integers are 1 apart
x,x+1,x+2
(x)(x+1)(x+2)=-120
x^3+3x^2+3x=-120
add 120 to both sides
x^3+3x^2+3x+120=0
factor
(x+6)(x^2-3x+20)=0
set each to zero

x+6=0
x=-6

x^2-3x+20=0
will yeild non-real result, discard
x=-6
x+1=-5
x+2=-4
the numbers are -4,-5,-6



use trial and error and logic
factor 120
120=2*2*2*3*5
how can we rearange these numbers in (x)(y)(z) format such that they multiply to 120?
obviously, the 5 has to stay since 2*5=10 which is out of range
so 2*2*2*3 has to arrange to get 3,4 or 4, 6 or 6,7
obviously, 7 cannot happen since it is prime
3 and 4 results in in 12, but 2*2*2*3=24
therfor answer is 4 and 6
they are all negative since negaive cancel except 1

the numbers are -4,-5,-6
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3 years ago
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Answer:

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8 0
4 years ago
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