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Summary Output: Multiple R

The regression statistics show a perfect linear relationship between the independent (x) variable of square footage and the dependent (y) variable of home sale price, with an R-Square value of 1. The ANOVA table shows that the regression model is highly significant compared to the residual. The coefficients table indicates that for every 1 unit increase in square footage, there is a $0.10 increase in the home sale price, with an intercept of $40,000.

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Ali Khan
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48 views

Summary Output: Multiple R

The regression statistics show a perfect linear relationship between the independent (x) variable of square footage and the dependent (y) variable of home sale price, with an R-Square value of 1. The ANOVA table shows that the regression model is highly significant compared to the residual. The coefficients table indicates that for every 1 unit increase in square footage, there is a $0.10 increase in the home sale price, with an intercept of $40,000.

Uploaded by

Ali Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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SUMMARY OUTPUT

Regression Statistics

shows relation b/w x and y and positive show


Multiple R 1 increment, -ve show that factors are not good

Shows that the effects of output are due to o


R Square 1 percent means total effect is due to o
Adjusted R Square 1 It furthur refine R square and give us more
Standard Error 7.133129E-15
Observations 12

ANOVA
df SS MS F
Regression 1 18777.54666667 18777.546667 3.690445E+32
Residual 10 5.08815284E-28 5.088153E-29
Total 11 18777.54666667

Coefficients Standard Error t Stat P-value


Intercept 40 1.15400827E-14 3.46618E+15 9.83082E-152
X Variable 1 0.1 5.2054784E-18 1.921053E+16 3.59507E-159

40 Showing the starting price, 0.1 showing that each squareft(variable) has
n b/w x and y and positive shows that all factors are contributing in
show that factors are not good for us and not contributing for output Ftest: Null Hypothesis, showing 1 hypothesis is accep

he effects of output are due to our considered factors, Here 1 or 100 Significance Level showing that at which level or which point
nt means total effect is due to our considered indep variable we are accepting or rejecting the data
fine R square and give us more accurate/refined value of R square

Significance F
3.595068E-159

Lower 95% Upper 95% Lower 95.0% Upper 95.0%


40 40 40 40
0.1 0.1 0.1 0.1

t each squareft(variable) has 0.1 effect on the starting price


sis, showing 1 hypothesis is accepted and other(alternate) is rejected

hat at which level or which point


or rejecting the data
Home Sale(5000) Sqft Bathrooms
Intercept Slope Forecast Error
1 182.5 1510
### 40 0.1 191 -8.5
2 227.3 2150
### 255 -27.7
3 251.9 1900
### 230 21.9
4 325.2 2390
### 279 46.2
5 225.1 2006
### 240.6 -15.5
6 315 2500
### 290 25
7 367.5 2720
### 312 55.5
8 220.8 1870
### 227 -6.2
9 266.5 2410
### 281 -14.5
10 261 2060
### 246 15
11 177.5 1750
### 215 -37.5
12 235.9 2910
### 331 -95.1
Home 1 ###
Home 2 ###
Mean Square Error
72.25
767.289999999999
479.61
2134.44
240.250000000001
625
3080.25
38.4399999999999
210.25
225
1406.25
9044.01

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