Developing three regression models

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The following data give the selling price, square footage, number of bedrooms, and age of houses that have sold in a neighborhood in the last 6 months. Develop three regression models to predict the selling price based upon each of the other factors individually. Which of these is best?

Selling Price

Sq. Footage

Bedrooms

Age

64000

1670

2

30

59000

1339

2

25

61500

1712

3

30

79000

1840

3

40

87500

2300

3

18

92500

2234

3

30

95000

2311

3

19

113000

2377

3

7

115000

2736

4

10

138000

2500

3

1

142500

2500

4

3

144000

2479

3

3

145000

2400

3

1

147500

3124

4

0

144000

2500

3

2

155500

4062

4

10

165000

2854

3

3

Reference no: EM1312910

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