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BUSN 625 Applied Decision Making PS4

BUSN 625 Applied Decision Making PS4

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Author: Dannie Young
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1. Solve Problem and Applications:Solve Problem and Applications: ch 6- prob12 (Home market values).Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house.
What are the independent variables?
2. Solve Problem and Applications:Solve Problem and Applications: ch 6- prob12 (Home market values).Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. What is the dependent variable?
3. Solve Problem and Applications:Solve Problem and Applications: ch 6- prob12 (Home market values).Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. As you produce a regression table using Excel, what is the value of the Intercept (rounded to one decimal)?
4. Solve Problem and Applications:Solve Problem and Applications: ch 6- prob12 (Home market values). Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. What is the formulated regression model?


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