1 Interpret B1 and B3 in terms of tuition costs rating and t

1) Interpret B1 and B3 in terms of tuition costs, rating and type of school.


2) the Author of the study wants to know whether the combination of raing, sie and type of school is OVERALL useful for predicting tuition costs. Perform an appropriate hypothesis test to answer the question


3) A student is interesting in attending a private school which supposedly has 1000 students and a rating of 60 on the scoring system used in this sudy. use the printout to find an estimate of predicted tuition for this school

4)Use the printout to compute a 95% confidence interval for B2. ALso decie whether tthe tuition cost is related with size.

5) Explan what the printout tells you about the usefullness of size as a predictor of college tuition. what do you recommentnto do after fitting this first order 3 predictor model?

Solution

Data about B1 and B2 is not given to answer.

1) Interpret B1 and B3 in terms of tuition costs, rating and type of school. 2) the Author of the study wants to know whether the combination of raing, sie and

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