SELLING

PRICE ($)

SQUARE
FOOTAGE

BEDROOMS

AGE
(YEARS)

64,000
59,000
61,500
79,000
87,500
92,500
95,000
113,000
115,000
138,000
142,500
144,000
145,000
147,500
144,000
155,500
165,000

1,670
1,339
1,712
1,840
2,300
2,234
2,311
2,377
2,736
2,500
2,500
2,479
2,400
3,124
2,500
4,062
2854

2
2
3
3
3
3
3
3
4
3
4
3
3
4
3
4
3

30
25
30
40
18
30
19
7
10
1
3
3
1
0
2
10
3

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total
Regression
Residual
Total

Intercept
SQUARE FOOTAGE
BEDROOMS

Regression Statistics
0.804
0.646
0.596
22820.321
17

df
df1= k
df2=n - k - 1
n-1
df

SS
SSR
SSE
SST
SS
2 13331878702.398
14 7290738944.661
16 20622617647.059

Coefficients
5701.449
48.505
-2540.387
5701.449
97010.88698
-7621.15964
95091.177

Standard Error
30165.645
14.530
14985.901

MS
F
MSR = SSR/k
MSR/MSE
MSE = SSE/(n-k-1)
MS
6665939351.199
520767067.476

t Stat
0.189
3.338
-0.170

Significance F
P (F> MSR/MSE)

12.800

Significance F
0.00069

P-value
0.853
0.005
0.868

Lower 95%
-58997.425
17.342
-34681.947

Upper 95%
70400.324
79.669
29601.174

Lower 95.0%
-58997.425
17.342
-34681.947

Upper 95.0%
70400.324
79.669
29601.174