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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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63 views5 pages

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

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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