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Looking for assistance on this problem. if you could please explain how you are

ID: 3381956 • Letter: L

Question

Looking for assistance on this problem. if you could please explain how you are running the ression model in excel.

The following data give the selling price, square footage, number of bedrooms, and age of houses that have old in a neighborhood in the past 6 months. Develop three regression models to predict the selling price based upon each of the other factors individually. Which of these is best?

The following data give the selling price, square footage, number of bedrooms, and age of houses that have old in a neighborhood in the past 6 months. Develop three regression models to predict the selling price based upon each of the other factors individually. Which of these is best?

Selling Price Square Footage Bedrooms Age (Years)                    84,000 1,670 2 30                    79,000 1,339 2 25                    91,500 1,712 3 30                  120,000 1,840 3 40                  127,500 2,300 3 18                  132,500 2,234 3 30                  145,000 2,311 3 19                  164,000 2,377 3 7                  155,000 2,736 4 10                  168,000 2,500 3 1                  172,500 2,500 4 3                  174,000 2,479 3 3                  175,000 2,400 3 1                  177,500 3,124 4 0                  184,000 2,500 3 2                  195,500 4,062 4 10                  195,000 2,854 3 3

Explanation / Answer

Looking for assistance on this problem. if you could please explain how you are

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