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MArishka [77]
3 years ago
14

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measur

ed 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.
Variable Coefficients Standard Error t-Stat

Intercept 128.93746 2.6205302 49.203

Size 1.2072436 11.439

FP 6.47601954 1.9803612 3.27

a. The estimated coefficient for size is approximately _____.


b. How many predictors (independent variables) were used in the regression?
Business
1 answer:
astraxan [27]3 years ago
8 0

Answer:

a. The estimated coefficient for size is approximately <u>13.81</u>.

b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).

Explanation:

a. The estimated coefficient for size is approximately _____.

Estimated coefficient for size = Standard Error of size * t-Stat of size =  1.2072436 * 11.439 = 13.81

Therefore, the estimated coefficient for size is approximately <u>13.81</u>.

b. How many predictors (independent variables) were used in the regression?

Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.

In the regression, two predictors are used. These two predictors are size and fireplace (FP).

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Riley Company borrowed $36,000 on April 1, Year 1 from the Titan Bank. The note issued by Riley carried a one year term and a 5%
IRINA_888 [86]

Answer:

The amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows would be -$850 or $850 outflow

Explanation:

The computation of the cash flow from the operating activities for year 2 is shown below:

= Cash revenue in year 2 - interest on notes payable

= $950 - $1,800

= -$850

The negative amount shows an outflow of cash .

The interest on the note payable is computed by

= Borrowed amount × interest rate

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= $1,800

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Following the occurrence of a security incident affecting a network of computer systems, the afflicted company suffered immediat
Fiesta28 [93]

Answer:

The element that relates to the why the loss matters is the consequence of the loss.

Explanation:

The logic of loss is a guideline that precscribes losses are to be considered either in monetary terms or in loss of life so as to permit analysis, on the basis of comparisons, management of risk and policy implementation. Usually, the following elements are identified during this process: cause, extent and consequence.

The cause relates to the damage involved, the extent relates to the size and duration and the consequence relates to the value that will pe lost, either in monetary terms or life. Hence, the importance of a loss is considered when one evaluates its consequences.

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3 years ago
You are planning a PR campaign that will donate 2% of all room revenues to support the Alzheimer's Foundation for the
yarga [219]

Your net short-term cost or gain of the campaign is $873.

<h3>Net short term cost or gain</h3>

Using this formula

Net short term cost or gain=(Average rate per room×Additional rooms×Donation percentage)

Let plug in the formula

Net short term cost or gain=$214 per room×204 rooms×2%

Net short term cost or gain=$873.12

Net short term cost or gain=$873 (Approximately)

Therefore your net short-term cost or gain is $873.

Learn more about  net short-term cost or gain here:brainly.com/question/25117603

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What influences the behavior of employees and gives confidence to the strategic teams that make things happen?
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Based on verifiable research, it has been shown that "goals" influence the behavior of employees and give confidence to the strategic teams that make things happen.

This is because goals setting has been found to give people a sense of purpose and a reason to accomplish a task.

This helps push employees and motivate them towards achieving the desired result.

Goals setting also gives confidence to the strategic teams that make things happen by quantifying their success.

It also helped them to have and create a shared vision which gives them the confidence to pursue the set goals.

Hence, in this case, it is concluded that goal setting is crucial to achieving success in any organization.

Learn more here: brainly.com/question/25062459

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3 years ago
The local Harley-Davidson motorcycle outlet has special events on Saturday mornings. Vintage bikes are shown, food is served, an
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Answer:

Harley-Davidson has become a cult

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A cult is a self-identified group of people that share a passion or an interest. When a brand becomes a cult brand, it has achieved the highest level of emotional connection to its consumers.

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