Multiple Regression

rhenne

New member
Joined
Apr 22, 2011
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3
y(hat)=-10536+53.8x1+2.84x2, where x1=size of home in square feet and x2=lot size in square feet. For fixed lot size, how much is the house selling price predicted to increase for each square foot increase in home size....

Can I just plug anything in for x2 and then solve? I am stuck on this one!

Thanks for your help!
 
No, it's even easier. You just look at it and read off "53.8".

Don't let these get away. Just reach out and grab them.

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