College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN: 9781305652231
Author: R. David Gustafson, Jeff Hughes
Publisher: Cengage Learning
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Transcribed Image Text:(c) Interpret the estimated coefficients stating if they are statistically significant in explaining
price of houses. Also interpret R squared.
SUMMARY OUTPUT price and baths
Regression Statistics
Multiple R 0.382173
R Square
0.146056
Adjusted F 0.137765
Standard E 0.364917
Observatio
ANOVA
df
Regression
Residual
Total
105
SS
MS
F ignificance F
1 2.345936 2.345936 17.61679 5.75E-05
103 13.71597 0.133165
104 16.0619
Coefficientstandard Err t Stat P-value Lower 95% Upper 95%.ower 95.0%/pper 95.0%
1.375992 0.171692 8.014289 1.8E-12 1.03548 1.716503 1.03548 1.716503
X Variable 0.003188 0.00076 4.197236 5.75E-05 0.001682 0.004695 0.001682 0.004695
Intercept
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