The following data give the selling price, square footage, number of bedrooms, and the age of the houses that have sold in a neighborhood in the past 6 months. Develop three regression models to predict the selling price based upon each of other the other factors individually. Which of these is the best?
Selling Price($)
Square Footage
Bedrooms
Age (Years)
84,000
1,670
2
30
79,000
1,339
2
25
91,500
1,712
3
30
120,000
1,840
3
40
127,500
2,300
3
18
132,500
2,234
3
30
145,000
2,311
3
19
164,000
2,377
3
7
155,000
2,736
4
10
168,000
2,500
3
1
172,500
2,500
4
3
174,000
2,479
3
3
175,000
2,400
3
1
177,500
3,124
4
0
184,000
2,500
3
2
195,500
4,062
4
10
195,000
2,854
3
3
Solve the question in the excel document which is attached(page2 of the excel file)
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