Explain the bootstrap method is needed for this model

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Reference no: EM133335306

Assignment:

Use the same "HomesForSale.csv" data set from the previous problem fit a linear model for Price of a house given Size and Beds.

Use the bootstrap method to perform a hypothesis test about whether the number of beds is needed in a model of price that includes both size and beds. Provide your code and explain your steps for solving this problem.
Using a residuals vs fitted plot explain why the bootstrap method is needed for this model.
Using a residuals vs fitted plot explain why the bootstrap method is not needed if the response is log price instead of price.

Reference no: EM133335306

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