The commercial division of a real estate firm is conducting a regression analysis of the relationship between gross rents (X) and selling price (Y)...

g. What’s the value of the estimated variance of the b1

h. What’s the value of the standard error of the b1

i. Is the result significant when using F statistic to test the significant of the relationship at a 0.05 level of significance.

j. Estimate the selling price of an apartment building with gross annual rent of $50,000