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 grandfather clocks at auction. Her data (fr 32 previously auctioned clocks) includes the age of the clock (Age), the number of bidders (Bidders) at the auction, and the final selling price (Y) of the clocks. SUMMARY OUTPUT

Solution

option 4 correctly states that when bidder is increased by 1 unit, expected value of response variable increases by 85 keeping other variable fixed.