Can you help me with Drawing the conclusions from the slope and intercept in the context of this problem and determine the value of only the land.

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R-squared Coefficient

How do I explain what R-squared means in the context of this analysis.

Median Housing Price Prediction Model for D.M. Pan National Real Estate Company 2 Module Two Notes Regression Equation . Y=346391.644+126.8747X Determine R . (R2) also known as R square is equal to .00754. With knowing that only 8% of the variability of z Y, is shown by X. The (R) correlation is, .08683. Which tells us that the direct relationship between X and Y and it proves to be very weak. Examine the Slope and Intercepts [Draw conclusions from the slope and intercept in the context of this problem and determine the value of only the land.] R-squared Coefficient [Explain what R-squared means in the context of this analysis.] Conclusions . With the Pacific Region being a big majority of land, there is going to be many more different variables to look at and decide the price of a house by not just only the square foot. With different laws and taxes across cach state. There are things that should be took into consideration. What is around the home? Is there an ocean view? Are beaches close by? How about any major landmarks or big historical past events? Besides of things like views and what's is the proximity how about, what flooring are you wanting the house to have? What do you want the house built out of? Hardwood flooring or marbleby? How about any major landmarks or big historical past events? Besides of things like views and what's is the proximity how about, what flooring are you wanting the house to have? What do you want the house built out of? Hardwood flooring or marble countertops, which can be extremely costly compared to plastic tops or laminate flooring Median Housing Price Prediction Model for D.M. Pan National Real Estate Company even though the square footage is the same. In some cases, it is understandable that correlation numbers up top are weak.Pacific anchorage 450,000 $259 1,739 Pacific ak fairbanks north s 330,600 $231 1,430 Pacific ak matandaka-gusit 431,500 $273 1,583 Pacific alameda 472, 100 $229 2,065 Pacific CA butte 406,200 $217 1,875 Pacific CA contra costa 366,500 $225 1,626 Pacific el dorado 388,400 $211 1,839 Pacific CA freano 389,500 $279 1,395 Pacific humboldt 349,500 $234 1,494 Pacific imperial 343,900 $233 1,478 Pacific CA kem 364,800 $236 1,546 Pacific kings 408, 100 $246 1,656 Pacific CA lake 335,700 $235 1,430 Pacific CA los angeles 393, 100 $219 1,793 Pacific CA madera 439,800 $275 1,597 Pacific CA marin 420,800 $227 1,856 Pacific CA mendocino 478,200 $237 2,020 Pacific CA merced 339,600 $197 1,726 Pacific CA monterey 417,200 $344 1,213 Pacific CA napa 404, 100 $228 1,769 Pacific CA nevada 377,400 $234 1,614 Pacific CA orange 354,800 $322 1,101 Pacific CA placer 314,600 $266 1,182 Pacific CA riverside 329,500 $259 1,274 Pacific CA sacramento 291,500 $176 1,655 Pacific CA san bernardino 465,500 $249 1,873 Pacific CA san diego 421,400 $202 2,081 Pacific CA san francisco 413, 100 $259 1,595 Pacific CA san joaquin 468,200 $225 2,083 Pacific CA gan Tis obispo 370,000 $297 1,246 Pacific CA san mateo 314,300 $210 1,500 Pacific CA santa barbara 355,600 $269 1,323 Pacific santa clara 329,000 $261 1,262 Pacific CA santa cruz 405, 100 $207 1,955 Pacific shasta 344,900 $298 1,157 Pacific solano 343,700 $277 1,240 Pacific CA sonoma 381,400 $229 1,663 Pacific CA stan alaus 389,300 $272 1,431 Pacific CA sutter 354,600 $255 1,390 Pacific CA tehama 371,200 $232 1,597 Pacific CA tulare 403,900 $258 1,566 Pacific CA tuolumne 367,700 $227 1,619 Pacific CA ventura 373,300 $244 1,532 Pacific CA volo 516,300 $270 1,914 Pacific CA yuba 424,000 $216 1,959 Pacific hi hawall 437,000 $222 1,970 Pacific honolulu 273,300 $224 1,220 Pacific kaual 512,300 $252 2,030 Pacific 342,000 $298 1,149 Pacific or benton 351,000 $294 1,192 Pacific or clackamas 401,700 $226 1,780 Pacific or columbia 367,800 $244 1,509 Pacific or CO08 399,800 $259 1,542 Pacific or deschutes 351,500 $240 1,467 Pacific or douglas 357,000 $270 1,324 Pacific jackson 301,200 $191 1,581 Pacific or josephine 491,900 $266 1,847Pacific OF klamath 387,200 $254 1,526 Pacific lane 404,600 $219 1,845 Pacific lincoln 371,200 $278 1,334 Pacific Inn 392,200 $283 1,386 Pacific marion 419,300 $217 1,936 Pacific multnomah 385,500 $223 1,728 Pacific polk 298,400 $235 1,271 Pacific umatilla 467,100 $254 1,841 Pacific or washington 296,800 $223 1,329 Pacific 458,800 $227 2,020 Pacific benton 443,000 $247 1,790 Pacific EW chelan 367,500 $231 1,591 Pacific Wa clallam 427,000 $204 2,096 Pacific EW clark 460,700 $240 1,922 Pacific Wa cowlitz 420,400 $227 1,856 Pacific Wa franklin 436,000 $250 1,744 Pacific grant 370, 100 $274 1,351 Pacific EW grays harbor 395,300 $284 1,393 Pacific EW Island 269,300 $213 1,263 Pacific EW king 405,700 $225 1,800 Pacific kitsap 362,900 $249 1,459 Pacific EW lewis 402,300 $219 1,841 Pacific BW mason 332,900 $291 1,145 Pacific pierce 500,200 $251 1,993 Pacific skaq t 330,100 $277 1,193 Pacific BW snohomish 356,400 $257 1,385 Pacific EM spokane 422,800 $289 1,462 Pacific thurston 309,400 $239 1,296 Pacific EM walla walla 420,400 $214 1,963 Pacific whatcom 430,400 $256 1,680 Pacific EMA whitman 362,200 $293 1,238 Pacific EM yakima 442,800 $259 1,709 Pacific Umatilla 345,500 $313 1,104 Pacific washington 764,900 $218 3,504 Pacific yamhill 676, 100 $185 3,656 Pacific EM benton 615,800 $174 3,530 Pacific EW chelan 611,400 $197 3,099 Pacific EW clallam 987,800 $201 4,422 Pacific CA tuolumne 789,800 $182 4,334 Pacific CA ventura 654,300 $182 3,597 Pacific volo 859,000 $171 5,019 Pacific Ca yuba 777,900 $168 4,635 Pacific hi hawa 856,600 $174 4,927