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List Price on square footage, lot size, and number of baths. Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA
List Price on square footage, lot size, and number of baths. Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA 0.983161626 0.966606783 0.965563245 91128.39395 100 df SS MS F Regression 3 2.30765E+13 7.69217E+12 926.2784312 Residual 96 7.97221E+11 8304384184 Total 99 2.38737E+13 Coefficients Standard Error t Stat P-value Intercept Sq. Ft. -55999.63908 155.9245542 36753.24606 -1.52366512 0.130879921 13.00685765 11.98787274 8.75032E-21 Acres 120919.4195 2342.765501 51.61396626 7.99049E-72 Significance F 1.05881E-70 Lower 95% Upper 95% -128954.2559 16954.97775 130.1061458 181.7429626 116269.0668 125569.7723 Coefficients Standard Error t Stat P-value Intercept Sq. Ft. -55999.63908 36753.24606 -1.52366512 0.130879921 Acres No. Baths 155.9245542 120919.4195 -25053.34139 Lower 95% Upper 95% -128954.2559 16954.97775 13.00685765 11.98787274 8.75032E-21 130.1061458 181.7429626 2342.765501 51.61396626 7.99049E-72 116269.0668 125569.7723 16036.27776 -1.56229156 0.121509964 -56885.10116 6778.418375 Dependent Variable List Price (dollars) Independent Variables Square Footage (Sq.Ft.) Lot Size (Acres) Number of Bathrooms (No. Baths) Required: 1. What percentage of list price is explained by square footage, lot size, and number of bathrooms? Round final answer to two decimal places. 2. Write out the cost equation for estimating the list price. Include only significant variables.
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