An antiques dealer is interested in factors that might influ

An antiques dealer is interested in factors that might influence the final selling price of grandfa at auction Her data (from 12 previously auctioned clocks) includes the age of the clock Agel of bidders (Bidders) at the auction, and the final selling price (Y) of the clocks SUMMARY OUTPUT Which of the following is the correct w ay to w rite the estimated model?

Solution

Y-hat = intercept + sum of (terms*coefficient)

option (1) is correct.