Use the results obtained for the data

Reference no: EM131137268

Use the results obtained for the data of Example 9 to construct a 90% confidence interval for the regression coefficient β₂

Example 9

The following data show the number of bedrooms, the number of baths, and the prices at which a random sample of eight one-family houses sold in a certain large housing development:

Use the method of least squares to fit a linear equation that will enable us to predict the average sales price of a one-family house in the given housing development in terms of the number of bedrooms and the number of baths.

Reference no: EM131137268

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