1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa [10]
3 years ago
5

Seventy homes that were for sale in Tampa, Florida in Spring of 2019 were randomly selected. A regression model to predict house

price was run based on first floor square footage and the indicator variable for Beach (1 if the house was within 1 mile of the beach, 0 if not). There was also an interaction term for first floor square footage*Beach.
Term Estimate Std. Error
Intercept -93.4 214.5
Beach 782.5 31.45
firstfloorsquarefootage 0.412 0.120
firstfloorsquarefootage*Beach 0.004 0.012

How would you interpret the slope coefficient for first floor square footage?

a. Homes near the Beach are less expensive than elsewhere for a given size.
b. The slope of the relationship between firstfloorsquarefootage and price is lesssteep for homes near the beach than elsewhere in Tampa.
c. Homes near the Beach are more expensive than elsewhere for a given size.
d. The slope of the relationship between firstfloorsquarefootage and price is moresteep for homes near the beach than elsewhere in Tampa.
Mathematics
1 answer:
Art [367]3 years ago
5 0

Answer:

d. The slope of the relationship between firstfloorsquarefootage and price is moresteep for homes near the beach than elsewhere in Tampa.

Step-by-step explanation:

In this regression model, we have a positive slope. This positive slope is indicative of an increase. So to interpret this slope, we would say that the slope of the relationship that exists between the two variables (price and firstfloorsquarefootage) is steeper for the homes that are closer to the beach compared to the ones that are elsewhere. Therefore option D is our answer.

You might be interested in
Name the three major credit reporting agencies.
Greeley [361]

Answer:

Equifax, Experian, and TransUnion.

Step-by-step explanation:

4 0
3 years ago
Answer all of these for 100 points
KiRa [710]

Answer:

Step-by-step explanation:

37) Take two point from the line.

(2 , 0)  & (0,4)

Slope = \frac{y_{2}-y_{1}}{x_{2}-x_{1}}\\\\=\frac{4-0}{0-2}\\\\=\frac{4}{-2}\\\\=-2

Slope = (-2)

38)  (7 , 0) & (3 , 2)

Slope = \frac{2-0}{3-7}\\\\=\frac{2}{-4}\\\\=\frac{-1}{2}

39) The line is parallel to x-axis and so its slope is 0

Slope = 0

40) The line is parallel to y-axis and so its slope is undefined

Slope = undefined

8 0
3 years ago
How to find area of a composite figure PLS HELP
ValentinkaMS [17]

Answer:

5×5=25

8×5÷2=20

25+20= 45

area of a composite 45

7 0
2 years ago
5. If a student is chosen at random from
Triss [41]

Answer:

0.524

Step-by-step explanation:

3 0
3 years ago
Write the interval as an inequality.
S_A_V [24]
The inequality form is −3 ≤ x ≤ −1
5 0
3 years ago
Read 2 more answers
Other questions:
  • Find f of 1 and f of 4
    6·1 answer
  • 8 is what percent of 25
    7·2 answers
  • Plz help !!! Thank u !!
    14·1 answer
  • What is the answer for 7x-(7+3x)
    7·1 answer
  • The customer service center in a large new york department store has determined that the amount of time spent with a customer ab
    6·1 answer
  • Please help me i beg of you!!!!
    13·2 answers
  • Quick Computing Company produces
    9·1 answer
  • (i) p® – 8pº +p? + 5​
    14·2 answers
  • A) single step Equation <br><br> 1) X + 7 = 9
    10·1 answer
  • Square root (5/6)^2 help i need it fast​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!