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(Solved): With the Price (market price in dollars) as the dependent variable and the Size (livable square feet ...



With the Price (market price in dollars) as the dependent variable and the Size (livable square feet of the property) of the home as the independent variable, determine the regression equation and interpret the confidence level, the precision, and reliability of the sample. Using the regression model, forecast the future market Price for a home with a livable area of 2,200 square feet. Determine the 95% prediction interval for the market price of a home with a livable area of 2,200 square feet.



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