Lot Price Data Lot Price is lot price in $1000s Lot Size is lot size in 1000s...

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Lot Price Data
Lot Price is lot price in $1000s
Lot Size is lot size in 1000s of square feet
Mature Trees is the number of mature trees on theproperty
Distance from Water is the distance from the edgeof property to the water in feet
Distance from Road is the distance from the mainroad to the center of the property in miles
Lot PriceLot SizeMature TreesDistance from WaterDistance from Road
105.441.224420.6
91.244.85711.3
183.321.372430.7
93.843.958140.6
207.557.752121.3
130.933.478261.2
162.331.465511.2
18.827.42201.1
80.526.268830.8
38.340.057760.9
71.347.653350.9
55.531.636260.4
85.721.623240.1
110.536.348980.9
85.147.261590.6
78.330.541551.0
27.241.81600.8
70.920.620330.3
101.435.338750.1
133.340.16800.9
117.735.624410.9
49.720.616770.6
49.622.432860.7
83.245.877191.0
81.329.44000.2
152.551.760340.8
112.227.20160.6
37.137.050491.0
130.238.948630.7
39.132.525450.1
81.934.01200.6
24.635.816340.4
101.932.944420.2
117.646.462480.6
148.851.959390.2
60.228.90660.7
43.735.257770.2
113.130.470781.2
38.138.324620.8
89.249.26101.0
3.021.546830.7
55.841.910690.6
89.721.879620.5
136.166.356340.5
44.728.273770.3
63.241.964651.2
163.446.769271.0
64.132.11200.4
98.738.559770.3
139.927.6001.1
92.047.065371.3
66.620.724510.1
16.434.012751.3
131.931.976630.9
11.028.02420.4
27.940.052840.8
103.546.626700.9
107.023.211830.3
51.646.453440.6
133.432.155980.2

Use the Lot Price Data to run a regression in Excel. Yourresponse variable is Lot Price, while the other four variables areall X variables in this regression. For the Mature Trees variable,the 95% confidence interval for the slope coefficient includes thehypothesized value of zero.

TRUE OR FALSE

Answer & Explanation Solved by verified expert
4.3 Ratings (553 Votes)
The answer is FALSE R 0245 Adjusted R 0190 R 0495 Std Error 40549 n 60 k 4 Dep Var Lot Price ANOVA table Source SS df    See Answer
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