Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 15 Oct 2017 My Price 5.00

regression analysis

The commercial division of a real estate firm is conducting a regression analysis of the relationship between x, annual gross rents (in thousands of dollars), and y, selling price (inthousands of dollars) for apartment buildings. Data were collected on several propertiesrecently sold and the following computer output was obtained.The regression equation isY = 20.0 + 7.21 XPredictor Coef SE Coef TConstant 20.000 3.2213 6.21X 7.210 1.3626 5.29Analysis of VarianceSOURCE DF SSRegression 1 41587.3Residual Error 7Total 8 51984.1a. How many apartment buildings were in the sample?b. Write the estimated regression equation.c. What is the value of ?d. Use theFstatistic to test the significance of the relationship at a .05 level of significance.e. Estimate the selling price of an apartment building with gross annual rents of $50,000.

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Maurice Tutor
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Status NEW Posted 15 Oct 2017 10:10 AM My Price 5.00

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