Scenario 3: Data from a random sample of 107 home sales in 2003 yielded the regression , with standard errors respectively. , . is price or value (Rs. 1000), is number of bedrooms, is number of baths, is house size (sq. ft.), is plot size (sq. ft.), is age (years), and is a dummy if the house is in poor condition and otherwise.
What is the loss in value if a homeowner allows his house to get into 'poor condition'?
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