SUMMARY
OUTPUT
Regression
Statistics
Multiple R 0.985265572
R Square 0.970748247
Adjusted R 0.969608568
Square
Standard 2748.602963
Error
Observations 81
ANOVA
df SS MS
Regression 3 19304984495 6434994832
Residual 77 581721005.1 7554818.247
Total 80 19886705500
ANOVA Cont.
F Significance
F
Regression 851.7736127 6.16519E-59
Residual
Total
Coefficients Standard t Stat
Error
Intercept -809.4898084 1213.059803 -0.667312367
asking price 0.939904447 0.024139085 38.93703723
days on sale -17.60678093 9.811878374 -1.794435301
lot size 0.217499996 0.282492101 0.76993302
P-value Lower 95% Upper 95%
Intercept 0.506567616 -3225.003385 1606.023768
asking price 2.04821E-52 0.89183733 0.987971564
days on sale 0.076668613 -37.14475041 1.931188559
lot size 0.443695326 -0.345014319 0.780014312
Lower 95.0% Upper 95.0%
Intercept -3225.003385 1606.023768
asking price 0.89183733 0.987971564
days on sale -37.14475041 1.931188559
lot size -0.345014319 0.780014312
RESIDUAL
OUTPUT
Observation Predicted selling Residuals Standard
price Residuals
1 40798.27607 1201.723933 0.437212631
2 37909.92805 590.0719478 0.214680678
3 48943.16132 556.8386812 0.202589711
4 57919.55029 2580.449705 0.938822282
5 60452.73135 547.2686537 0.199107933
6 65019.93267 980.0673319 0.356569263
7 67866.77992 -1866.779915 -0.67917409
8 68403.063 596.937001 0.21717833
9 80725.80725 3074.192753 1.118456465
10 86859.2835 1640.716499 0.596927428
11 93050.74737 -3050.747367 -1.109926536
12 28523.06025 1976.939745 0.71925257