Module 4 Chp 11 probelm 18 part a

Module 4 Chp 11 probelm 18 part a - 108 14 $1,253 132 10...

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for a particular item increases with its age and with the number of bidders. The file P11_18.xlsx contains data on these three variables for 32 recently auctioned comparable items. model using the given data. The file P11_18.xlsx Auction Price and Potentially Relevant Data Auction_Price Age_of_Item Number_Bidders $946 113 9 $1,336 126 10 $744 115 7 $1,979 182 11 $1,522 150 9 $1,235 127 13 $1,483 159 9 $1,152 117 13 $1,545 175 8 $1,262 168 7 $845 127 7 $1,055
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Unformatted text preview: 108 14 $1,253 132 10 $1,297 137 9 $1,147 137 8 $1,080 115 12 $1,550 182 8 $1,047 156 6 $1,792 179 9 $729 108 6 $854 143 6 $1,593 187 8 $1,175 111 15 $1,713 137 15 $1,356 194 5 $1,822 156 12 $1,884 162 11 $1,024 117 11 $2,131 170 14 $785 111 7 $1,092 153 6 $2,041 184 10 18. An antique collector believes that the price received a. Formulate and estimate a multiple regression...
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This note was uploaded on 02/01/2012 for the course BUSINES BUS-660 taught by Professor Paulshriver during the Spring '11 term at Grand Canyon.

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