ASSIGNMENT- 07

Name -Shrikant Prabhakar Pawar Roll No.- 453046

Selling Price (y) in $1000 House size (x1) in Sq. Ft. Age of house (x2) in years
63 1605 35
65.1 2489 45
69.9 1553 20
76.8 2404 32
73.9 1884 25
77.9 1558 14
74.9 1748 8
78 3105 10
79 1682 28
83.4 2470 30
79.5 1820 2
83.9 2143 6
79.7 2121 14
84.5 2485 9
96 2300 19
109.5 2714 4
102.5 2463 5
121 3076 7
104.9 3048 3
128 3267 6
129 3069 10
117.9 4765 11
140 4540 8

Q2 Forecast selling prize for 5000 Sqft house size and Age of house is 12 years.

=137.9 $
Gr. No.- 21810436
q1 ans the linear regression equation is
y = 0.017718x1-0.66634x2+57.35075

R² = 0.7152

160

140

120

100

80

60

40

20

0
1000 1500 2000 2500 3000 3500 4000 4500 5000

LINEAR REGRESSION
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.8608727
R Square 0.7411018
Adjusted R S 0.715212
Standard Erro11.960387
Observations 23

ANOVA
df SS MS F Significance F
Regression 2 8189.723 4094.8615 28.625216 1.353E-06
Residual 20 2861.017 143.05085
Total 22 11050.74

Coefficients
Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
Intercept 57.350746 10.007152 5.7309759 1.313E-05 36.476193 78.225299 36.476193 78.225299
House size (x1 0.017718 0.0031456 5.6326052 1.635E-05 0.0111564 0.0242797 0.0111564 0.0242797
Age of house -0.666348 0.2279967 -2.922621 0.0084176 -1.141941 -0.190755 -1.141941 -0.190755
Upper 95.0%