Estimate: Price = Be + B1Sqft + B₂Beds + B2Baths + E, where Price, Sqft, Beds, and Baths refer to home price, square foo
Posted: Sun Jul 10, 2022 10:50 am
Estimate: Price = Be + B1Sqft + B₂Beds + B2Baths + E, where Price, Sqft, Beds, and Baths refer to home price, square footage, number of bedrooms, and number of bathrooms, respectively. (You may find it useful to reference the table.) Click here for the Excel Data File a. Construct the 95% confidence interval for the expected price of a 2,500-square-foot home with three bedrooms and two bathrooms. (Round final answers to 2 decimal places.) Confidence interval to b. Construct the corresponding prediction interval for an individual home. (Round final answers to 2 decimal places.) Prediction interval to