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Estimate the regression equation to predict the value

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Using an appropriate hypothesis test, at a 5% level of significance, can you conclude that there is any difference between the average value between houses that have a fireplace (Fireplace = 1) and houses that don’t have a fireplace (Fireplace = 0)?

Question 4 

(a) Estimate the regression equation to predict the Value (y) from the number of Rooms (x).

(b) Determine the coefficient of determination and interpret its value.

(c) Does the data provide evidence that the slope of the equation from part a) is positive? Perform an appropriate hypothesis test using a 5% level of significance.


Attachment:- 170428_1_Assignment-Autumn-2012--1-.doc

Reference no: EM13276495

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