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Use the relevant output from the regressions shown below to find which of the variables YearBuilt and HouseSize is the best predictor of Energy,...
c. Use the relevant output from the regressions shown below to find which of the variables YearBuilt and HouseSize is the best predictor of Energy, explaining the reason/s. Assume that the assumptions of each test have been satisfied.
Energy versus YearBuilt
Energy versus HouseSize
Regression Statistics
Multiple R
R Square Adjusted R Square Standard Error Observations
Coefficients
0.515 0.265 0.262
146.833 198
Standard Error
t Stat
8.809 -8.412
P-value
0.000 0.000
Intercept 19529.01 2217.997 YearBuilt -9.344 1.111
Regression Statistics
Multiple R
R Square Adjusted R Square Standard Error Observations
Coefficients
Intercept 402.788 HouseSize 0.670
0.453 0.205 0.201
152.747 198
Standard Error
67.877 0.094
t Stat
5.934 7.107
P-value
0.000 0.000
