Homework SourseThe following data gives the selling price square footage nu
The following data gives the selling price, square footage, number of bedrooms, and age of houses that have sold in the neighborhood in the past 6 months. Devlope three regression models to predict the selling price based upon each of the other factors individually. Which of these is the best?
| Selling Price | Sq. Footage | Bedrooms | Age (Yrs) |
| $ 84,000 | 1670 | 2 | 30 |
| $ 79,000 | 1339 | 2 | 25 |
| $ 915,000 | 1712 | 3 | 30 |
| $ 12,000 | 1840 | 3 | 40 |
| $ 127,500 | 2300 | 3 | 18 |
| $ 132,500 | 2234 | 3 | 30 |
| $ 145,000 | 2311 | 3 | 19 |
| $ 164,000 | 2377 | 3 | 7 |
| $ 155,000 | 2736 | 4 | 10 |
| $ 168,000 | 2500 | 3 | 1 |
| $ 172,500 | 2500 | 4 | 3 |
| $ 174,000 | 2479 | 3 | 3 |
| $ 175,000 | 2400 | 3 | 1 |
| $ 177,500 | 3124 | 4 | 0 |
| $ 184,000 | 2500 | 3 | 2 |
| $ 195,500 | 4062 | 4 | 10 |
| $ 195,000 | 2854 | 3 | 3 |
Solution
