Home Market Value

House Age Square Feet Market Value

33 1,812 $90,000.00
32 1,914 $104,400.00
32 1,842 $93,300.00
33 1,812 $91,000.00
32 1,836 $101,900.00
33 2,028 $108,500.00
32 1,732 $87,600.00
33 1,850 $96,000.00
32 1,791 $89,200.00
scatt er plot related to mark
33 1,666 $88,400.00 square feet
32 1,852 $100,800.00
140,000
32 1,620 $96,700.00
32 1,692 $87,500.00 120,000
32 2,372 $114,000.00 100,000

market value
32 2,372 $113,200.00 80,000
33 1,666 $87,500.00
60,000
32 2,123 $116,100.00
32 1,620 $94,700.00 40,000
32 1,731 $86,400.00 20,000
32 1,666 $87,100.00 0
28 1,520 $83,400.00 26 27 28 29 30 31
27 1,484 $79,800.00 square feet
28 1,588 $81,500.00
28 1,598 $87,100.00
28 1,484 $82,600.00
28 1,484 $78,800.00
28 1,520 $87,600.00
27 1,701 $94,200.00
28 1,484 $82,000.00
28 1,468 $88,100.00
28 1,520 $88,100.00
27 1,520 $88,600.00
27 1,484 $76,600.00
28 1,520 $84,400.00
27 1,668 $90,900.00
28 1,588 $81,000.00
28 1,784 $91,300.00
27 1,484 $81,300.00
27 1,520 $100,700.00
28 1,520 $87,200.00
27 1,684 $96,700.00
27 1,581 $120,700.00
 SUMMARY OUTPUT
related to market value and Regression Statistics
Multiple R 0.731255223348519
R Square 0.534734201674492
Adjusted R Square 0.523102556716354
Standard Error 7287.72271183286
Observations 42

ANOVA
df SS
Regression 1 2441633668.92218
Residual 40 2124436092.98258
Total 41 4566069761.90476
8 29 30 31 32 33 34
square feet
Coefficients Standard Error
Intercept 32673.2198972431 8831.95074474609
X Variable 1 35.036372583472 5.1673838495416

RESIDUAL OUTPUT

Observation Predicted Y Residuals

1 96159.1270184944 -6159.12701849436
2 99732.8370220085 4667.16297799148
3 97210.2181959985 -3910.21819599852
4 96159.1270184944 -5159.12701849436
5 96999.9999604977 4900.00003950231
6 103726.983496524 4773.01650347569
7 93356.2172118166 -5756.21721181661
8 97490.5091766663 -1490.5091766663
9 95423.3631942414 -6223.36319424145
10 91043.8166213075 -2643.81662130744
11 97560.5819218333 3239.41807816675
12 89432.1434824678 7267.85651753226
13 91954.7623084777 -4454.76230847772
14 115779.495665239 -1779.4956652387
15 115779.495665239 -2579.4956652387
16 91043.8166213075 -3543.81662130744
17 107055.438891954 9044.56110804583
18 89432.1434824678 5267.85651753226
19 93321.1808392331 -6921.18083923313
20 91043.8166213075 -3943.81662130744
21 85928.5062241205 -2528.50622412053
22 84667.1968111155 -4867.19681111554
23 88310.9795597966 -6810.97955979663
24 88661.3432856314 -1561.34328563136
25 84667.1968111155 -2067.19681111554
26 84667.1968111155 -5867.19681111554
27 85928.5062241205 1671.49377587947
28 92270.089661729 1929.91033827103
29 84667.1968111155 -2667.19681111554
30 84106.61484978 3993.38515022001
31 85928.5062241205 2171.49377587947
32 85928.5062241205 2671.49377587947
33 84667.1968111155 -8067.19681111554
34 85928.5062241205 -1528.50622412053
35 91113.8893664744 -213.889366474381
36 88310.9795597966 -7310.97955979663
37 95178.1085861571 -3878.10858615715
38 84667.1968111155 -3367.19681111554
39 85928.5062241205 14771.4937758795
40 85928.5062241205 1271.49377587947
41 91674.4713278099 5025.52867219006
42 88065.7249517123 32634.2750482877
 X Variable 1 Line Fit Plot
$100,000.00
Y
$0.00

Y
Predicted Y
1,4 1 1 2 2 2 2
00 ,600 ,800 ,000 ,200 ,400 ,600

X Variable 1

MS F Significance F
2441633669 45.9723628 3.798017509E-08
53110902

t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
3.69943412 0.0006496 14823.18159864 50523.2582 14823.1815986 50523.2582
6.78029223 3.798E-08 24.592700252897 45.48004491 24.5927002529 45.4800449
ot
Y
Predicted Y
Home Market Value

House Age Square Feet z-score Market Value z-score

33 1,812 0.5300 $90,000.00 -0.196
32 1,914 0.9931 $104,400.00 1.168
32 1,842 0.6662 $93,300.00 0.117
33 1,812 0.5300 $91,000.00 -0.101
32 1,836 0.6390 $101,900.00 0.932
33 2,028 1.5107 $108,500.00 1.557
32 1,732 0.1668 $87,600.00 -0.423
33 1,850 0.7025 $96,000.00 0.372
32 1,791 0.4347 $89,200.00 -0.272
33 1,666 -0.1329 $88,400.00 -0.348
32 1,852 0.7116 $100,800.00 0.827
32 1,620 -0.3417 $96,700.00 0.439
32 1,692 -0.0148 $87,500.00 -0.433
32 2,372 3.0725 $114,000.00 2.078
32 2,372 3.0725 $113,200.00 2.002
33 1,666 -0.1329 $87,500.00 -0.433
32 2,123 1.9420 $116,100.00 2.277
32 1,620 -0.3417 $94,700.00 0.249
32 1,731 0.1623 $86,400.00 -0.537
32 1,666 -0.1329 $87,100.00 -0.471
28 1,520 -0.7957 $83,400.00 -0.821
27 1,484 -0.9592 $79,800.00 -1.163
28 1,588 -0.4870 $81,500.00 -1.002
28 1,598 -0.4416 $87,100.00 -0.471
28 1,484 -0.9592 $82,600.00 -0.897
28 1,484 -0.9592 $78,800.00 -1.257
28 1,520 -0.7957 $87,600.00 -0.423
27 1,701 0.0261 $94,200.00 0.202
28 1,484 -0.9592 $82,000.00 -0.954
28 1,468 -1.0318 $88,100.00 -0.376
28 1,520 -0.7957 $88,100.00 -0.376
27 1,520 -0.7957 $88,600.00 -0.329
27 1,484 -0.9592 $76,600.00 -1.466
28 1,520 -0.7957 $84,400.00 -0.727
27 1,668 -0.1238 $90,900.00 -0.111
28 1,588 -0.4870 $81,000.00 -1.049
28 1,784 0.4029 $91,300.00 -0.073
27 1,484 -0.9592 $81,300.00 -1.020
27 1,520 -0.7957 $100,700.00 0.818
28 1,520 -0.7957 $87,200.00 -0.461
27 1,684 -0.0511 $96,700.00 0.439
27 1,581 -0.5188 $120,700.00 2.713
Mean 1,695 92,069
Standard Deviation 220.257 10553.083