solution

The file below contains data on 30 homes. Along with the price of the home the data includs the Square Footage (SqFt) Lot Size (LotSize) and number of bathrooms (Baths). Generate a causal forecasting model using linear regression that estimates Price based on the other variables. Based on this model forecast the price of a home with 3,110 square feet, a lot size of 22.3 and 3 bathrooms, Round your answer to nearest whole number. Home Prices xlsx SqFt 2192 3429 2842 2987 3029 2616 2978 Price 505.5 784.1 649.0 689.8 709.8 590.2 643.3 789.7 683.0 544.3 822.8 637.7 618.7 619.3 490.5 675.1 710.4 674.7 663.6 606.6 758.9 723.7 621.8 622.4 631.3 574.0 863.8 652.7 844.2 629.9 3595 2838 2591 3633 2822 2994 2696 2134 3076 3259 3162 2885 2550 3380 3131 2754 2710 2616 2608 3572 2924 3614 2600 LotSize 16.4 24.7 17.7 20.3 22.2 20.8 17.3 22.4 27.4 19.2 26.9 23.1 20.4 22.7 13.4 19.8 20.8 19.4 23.2 20.2 19.6 22.5 19.2 21.6 20.8 17.3 29.0 21.8 25.5 24.1 Baths 2.5 3.5 3.5 3.5 3.0 2.5 3.0 3.5 3.0 2.0 4.0 3.0 3.0 3.5 2.5 3.0 3.5 4.0 3.0 3.0 4.5 3.5 2.5 3.0 2.5 3.5 4.0 2.5 3.5 3.5 MacBook Air