Interpretation of the coefficient of type

Reference no: EM131008180

A regression model from the collection of houses in Exercise 15 shows the following:

Variable Coeff SE(Coeff) t-ratio P-value

a) What is the interpretation of the coefficient of Type in this regression? According to these results, what type would you expect to sell better-cheese or pepperoni?

b) What displays would you like to see to check assump- tions and conditions for this model?

Reference no: EM131008180

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