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Mathematics, 25.12.2020 17:20 mbalderp5bxjo

Use Excel’s Analysis ToolPak to conduct a regression analysis with AssessmentValue as the dependent variable and FloorArea, Offices, Entrances, and Age as independent variables. What is the overall fit r^2? What is the adjusted r^2? Which predictors are considered significant if we work with α=0.05? Which predictors can be eliminated? What is the final model if we only use FloorArea and Offices as predictors? Suppose our final model is: AssessedValue = 115.9 + 0.26 x FloorArea + 78.34 x Offices What wouldbe the assessed value of a medical office building with a floor area of 3500 sq. ft., 2 offices, that was built 15 years ago? Is this assessed value consistent with what appears in the database?

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