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Multi Regression

1. Multiple regression analyses were conducted to predict housing prices from variables like area, parking spaces, and number of bedrooms. 2. The regression with all three predictor variables (area, parking spaces, and bedrooms) had the highest R-square value of 0.943, explaining 94.3% of the variance in housing prices. 3. Increasing the area, number of parking spaces, or number of bedrooms was associated with higher predicted housing prices based on the regression analyses.

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shashankkapur22
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© Attribution Non-Commercial (BY-NC)
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0% found this document useful (0 votes)
358 views

Multi Regression

1. Multiple regression analyses were conducted to predict housing prices from variables like area, parking spaces, and number of bedrooms. 2. The regression with all three predictor variables (area, parking spaces, and bedrooms) had the highest R-square value of 0.943, explaining 94.3% of the variance in housing prices. 3. Increasing the area, number of parking spaces, or number of bedrooms was associated with higher predicted housing prices based on the regression analyses.

Uploaded by

shashankkapur22
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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SUMMARY OUTPUT

Regression Statistics
Multiple R 0.93
R Square 0.87
Adjusted R Square 0.86
Standard Error 3.09
Observations 11

ANOVA
df SS MS F Significance F
Regression 1 574.4 574.4 60.17 ###
Residual 9 85.92 9.55
Total 10 660.32

Coefficients
Standard Error
t Stat P-valueLower 95%
Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 2.85 3.77 0.76 0.47 -5.69 11.39 -5.69 11.39
X Variable 1 0.02 0 7.76 0 0.01 0.02 0.01 0.02
pper 95.0%
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.87
R Square 0.76
Adjusted R Square 0.73
Standard Error 4.21
Observations 11

ANOVA
df SS MS F Significance F
Regression 1 500.88 500.88 28.27 0
Residual 9 159.44 17.72
Total 10 660.32

Coefficients
Standard Error
t Stat P-valueLower 95%
Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 23.49 1.93 12.16 0 19.12 27.86 19.12 27.86
X Variable 1 8.51 1.6 5.32 0 4.89 12.14 4.89 12.14
pper 95.0%
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.89
R Square 0.79
Adjusted R Square 0.77
Standard Error 3.89
Observations 11

ANOVA
df SS MS F Significance F
Regression 1 523.81 523.81 34.53 0
Residual 9 136.51 15.17
Total 10 660.32

Coefficients
Standard Error
t Stat P-valueLower 95%
Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 4.88 4.64 1.05 0.32 -5.61 15.36 -5.61 15.36
X Variable 1 8.28 1.41 5.88 0 5.09 11.47 5.09 11.47
pper 95.0%
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.97
R Square 0.94
Adjusted R Square 0.92
Standard Error 2.24
Observations 11

ANOVA
df SS MS F Significance F
Regression 2 620.14 310.07 61.73 0.00001
Residual 8 40.18 5.02
Total 10 660.32

Coefficients Standard Error t Stat P-value Lower 95%


Intercept 8.31 3.28 2.53 0.04 0.74
X Variable 1 0.01 0 4.87 0 0.01
X Variable 2 3.86 1.28 3.02 0.02 0.91
ificance F

Upper 95% Lower 95.0%


Upper 95.0%
15.87 0.74 15.87
0.02 0.01 0.02
6.81 0.91 6.81
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.94
R Square 0.88
Adjusted R Square 0.85
Standard Error 3.18
Observations 11

ANOVA
df SS MS F Significance F
Regression 2 579.29 289.65 28.6 0
Residual 8 81.03 10.13
Total 10 660.32

Coefficients Standard Error t Stat P-value Lower 95%


Intercept 2.49 3.92 0.64 0.54 -6.55
X Variable 1 0.01 0.01 2.34 0.05 0
X Variable 2 2.02 2.91 0.69 0.51 -4.69
ificance F

Upper 95% Lower 95.0%Upper 95.0%


11.54 -6.55 11.54
0.03 0 0.03
8.74 -4.69 8.74
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.97
R Square 0.94
Adjusted R Square 0.92
Standard Error 2.33
Observations 11

ANOVA
df SS MS F Significance F
Regression 3 622.36 207.45 38.26 0
Residual 7 37.96 5.42
Total 10 660.32

Coefficients Standard Error t Stat P-value Lower 95%Upper 95%


Intercept 7.93 3.46 2.29 0.06 -0.25 16.11
X Variable 1 0.01 0 2.1 0.07 0 0.02
X Variable 2 3.77 1.34 2.82 0.03 0.61 6.93
X Variable 3 1.37 2.14 0.64 0.54 -3.69 6.44
Lower 95.0%
Upper 95.0%
-0.25 16.11
0 0.02
0.61 6.93
-3.69 6.44
MULTIPLE REGRESSION

Housing Price Vs Area, Parking Space and Number of Bed Rooms

Ob No Sq Feet Park Space No BedRooms Price


1 1000 0 2 19.5
2 1100 0 2 21.9
3 1150 1 2 25.5
4 1400 0 3 26.1
5 1700 1 3 29.4
6 1800 1 4 31.5
7 1900 0 3 28.5
8 1900 1 4 37.5
9 2100 2 4 37.5
10 2100 2 4 41.1
11 2300 2 4 45.0
Independent Variables R2
Area (Square Feet) 0.870
Parking Space 0.759
Number of Bed Rooms 0.793
Area & Parking Space 0.939
Area & Number of Bed Rooms 0.877
Area, Parking Space & Bed Rooms 0.943
Adjusted R2 S
e

0.855 3.090
0.732 4.209
0.770 3.895
0.924 2.241
0.847 3.183
0.918 2.329
Area in Square F

45

42.5

40

37.5

35

32.5

30

27.5

25

22.5

20

17.5
Number of Bed Rooms C
1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100

45
45
42.5
42.5
40
40
37.5
37.5
35
35
32.5
32.5
30
30
27.5
27.5
25
25
22.5
22.5
20
20
17.5
17.5
0 0.25 0.5
2 2.25 2.5 2.75 3 3.25 3.5 3.75 4
n Square Feet

Car Parking Space pl


00 1800 1900 2000 2100 2200 2300

45

42.5

40

37.5

35

32.5

30

27.5

25

22.5

20

17.5
0 0.25 0.5 0.75 1 1.25 1.5 1.75 2

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