Answer: The increase value of the house in thousands dollars will be $23400
Explanation:
In this scenario, Things to be note are:
(1) only the bathroom number has an increase of 1.
(2) the remaining regressors are the same.
(3) Initial price and the current price only differ in BATH
Therefore,
23.4(BATH+1) - 23.4BATH = 23.4
Hence, the increase value of the house in thousands dollars is $23400
