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    This document contains data and analysis from a linear regression model predicting home prices (y) from square footage (x). It includes key regression outputs like R-squared, adjusted R-squared, standard errors, t-statistics and sums of squares. A scatter plot of price vs square footage shows an upward linear trend in the data that the linear regression model fits well with an R-squared of 82.05%.

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    Price Sqft

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    This document contains data and analysis from a linear regression model predicting home prices (y) from square footage (x). It includes key regression outputs like R-squared, adjusted R-squared, standard errors, t-statistics and sums of squares. A scatter plot of price vs square footage shows an upward linear trend in the data that the linear regression model fits well with an R-squared of 82.05%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Price SQFT

    Uploaded by

    oway_30
    This document contains data and analysis from a linear regression model predicting home prices (y) from square footage (x). It includes key regression outputs like R-squared, adjusted R-squared, standard errors, t-statistics and sums of squares. A scatter plot of price vs square footage shows an upward linear trend in the data that the linear regression model fits well with an R-squared of 82.05%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SST

    R2
    Adj R2
    SE (alpha hat)
    SE (beta hat)
    tc (alpha hat)
    tc (beta hat)
    i
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    TOTAL

    SQFTi = xi
    1,065
    1,254
    1,300
    1,577
    1,600
    1,750
    1,800
    1,870
    1,935
    1,948
    2,254
    2,600
    2,800
    3,000
    26,753

    14
    1,910.93
    317.49
    52.35
    0.1388
    18,273.57
    1,522.80
    4,339,443
    602,099
    101,815
    82.05%
    80.56%

    Scatter & OLS Plot: PRICE vs SQFT


    480.00
    430.00
    380.00
    PRICE

    N
    x bar
    y bar
    alpha hat
    beta hat
    SSE
    MSE = s2
    Sxx
    Sxy

    199.90
    228.00
    235.00
    285.00
    239.00
    293.00
    285.00
    365.00
    295.00
    290.00
    385.00
    505.00
    425.00
    415.00
    4,444.90

    280.00
    230.00
    180.00
    130.00
    80.00

    37.29
    0.0187
    1.404
    7.407
    PRICEi = yi

    330.00

    800

    i
    200.12
    226.34
    232.73
    271.16
    274.35
    295.16
    302.10
    311.81
    320.83
    322.64
    365.09
    413.10
    440.85
    468.60

    1,300

    yi - i

    (yi - i)2

    (0.22)
    1.66
    2.27
    13.84
    (35.35)
    (2.16)
    (17.10)
    53.19
    (25.83)
    (32.64)
    19.91
    91.90
    (15.85)
    (53.60)
    (0.0000)

    0.05
    2.74
    5.17
    191.54
    1,249.72
    4.68
    292.46
    2,828.75
    667.33
    1,065.14
    396.24
    8,445.29
    251.28
    2,873.16
    18,273.57

    1,800
    SQFT

    xi 2
    1,134,225.00
    1,572,516.00
    1,690,000.00
    2,486,929.00
    2,560,000.00
    3,062,500.00
    3,240,000.00
    3,496,900.00
    3,744,225.00
    3,794,704.00
    5,080,516.00
    6,760,000.00
    7,840,000.00
    9,000,000.00
    55,462,515.00

    2,300

    (xi - xbar)2
    715,595.15
    431,555.15
    373,233.72
    111,508.29
    96,676.58
    25,898.01
    12,305.15
    1,675.15
    579.43
    1,374.29
    117,698.01
    474,819.43
    790,448.01
    1,186,076.58
    4,339,442.93

    2,800

    (yi - ybar)2
    13,828.08
    8,008.97
    6,805.07
    1,055.79
    6,161.13
    599.90
    1,055.79
    2,256.93
    505.93
    755.86
    4,557.21
    35,158.93
    11,557.79
    9,507.64
    101,815.01

    (xi - xbar) * (yi - ybar)


    99,475.16
    58,790.41
    50,397.24
    10,850.29
    24,405.67
    3,941.60
    3,604.39
    (1,944.40)
    (541.44)
    (1,019.20)
    23,159.77
    129,205.81
    95,581.53
    106,192.24
    602,099.09

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