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
Papessa [141]
3 years ago
15

A log-level model relating the natural logarithm of house price, y, to square footage was fit. The fitted model is stack ln (p r

i c e )with hat on top equals 11.65 0.000473*sq_foot. What is the estimated price of a house that is 1,692 square feet
Mathematics
1 answer:
Musya8 [376]3 years ago
7 0

Answer:

$255,331

Step-by-step explanation:

Calculation for the estimated price

ln (price) =11.65 +0.000473*square foot

Square feet =1,692

First step is to find the ln (price)

ln (price) =11.65 +0.000473*1,692

ln (price)=12.450316

Last step is to calculate the Estimated price by using calculator to find the exponential of 12.450316

Estimated price=e^(12.450316)

Estimated price=$255,330.99

Estimated price=$255,331 Approximately

Therefore the estimated price of a house that is 1,692 square feet will be $255,331

You might be interested in
A massage costs $81.50 per hour. How much will a massage for 2.5 hours cost
scoundrel [369]
You would multiply $81.50x2.5 and you’d get 203.75
3 0
3 years ago
Read 2 more answers
Angie wants to take some classes at the local gym. She has to pay an enrollment fee of $25 to join the gym
motikmotik
Y=45x + 25; x is the classes Angie takes and 25 is the y-intercept(the enrollment fee).
4 0
3 years ago
The formula to find the surface area of a sphere is to take the radius of the sphere and square it and multiply that amount by p
yawa3891 [41]
500=4πr^2. first divide 500 from four which will equal 125, then divide 125 with π and it will equal 39.788 . finally √39.788. the answer will be r=6.3 or 6
8 0
3 years ago
A shop has a sale that offers 20% of all prices.
Nana76 [90]
<h2>Greetings!</h2>

Answer:

40% reduction

Step-by-step explanation:

To answert this, we need to find how much of the price is each percentage. This can be found my subtracting the percent from 100:

Sale price: 100 - 20 = 80

Last day price: 100 - 25 = 75

Now we need to multiply these two values together, remembering to divide both numbers by 100 first:

80 ÷ 100 = 0.8

75 ÷ 100 = 0.75

0.8 * 0.75 = 0.6

Then multiply by 100 to find the percentage:

0.6 * 100 = 60

60% is the end price, but to find the overall reduction we need to subtract this value from 100:

100 - 60 = 40

So there was a 40% reduction on the price.


<h2>Hope this helps!</h2>
6 0
3 years ago
A line passes through the point (-8, 3) and has a slope of 3/4. Write an equation in slope-intercept form for this line.
agasfer [191]
General formula to make slope-intercept form
y - y₁ = m(x - x₁)

From the question, we know that
m = 3/4
(x₁,y₁) = (-8,3)

Put the number to the formula
y - y₁ = m(x - x₁)
y - 3 = 3/4(x - (-8))
y - 3 = 3/4(x + 8)
y - 3 = (3/4)x + 6
y = (3/4)x + 9

6 0
4 years ago
Other questions:
  • Solve the literal equation |ax+b|=c for x.
    6·2 answers
  • ms. royal left for work at 7 48 a.m she reached her office at 8 23 a.m how log did ms royal take to get to her office .
    9·1 answer
  • A trapezoid has an area of 21.4 m, the shorter base is 4.6 m and the longer base is 6.1 m. What is the height of trapezoid?
    12·2 answers
  • What is the value of x? 6x−2(x+4)=12
    6·1 answer
  • 2. In a given population of two-earner male-female couples, male earnings have a mean of $40,000 per year and a standard deviati
    8·1 answer
  • Determine which data are qualitative and which data are quantitative. Explain your reasoning
    12·1 answer
  • Add.
    7·2 answers
  • Which measurement is the measure of an obtuse angle? 125° 90° 69° 37°
    15·1 answer
  • A bag contains 4 Red, 5 Black and 2
    7·1 answer
  • Distance from the point to 0, so it can never be
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!