Price ($) Scatterplot of Selling Price (dollars) against distance from city CBD (kilometres) 3000000 2500000 2000000 1500000 1000000 500000 0 0 5 10 15 Distance (km) Distance Price Distance 1 Price -0.64757 1 20 20 25 SUMMARY OUTPUT Regression Statistics Multiple R R Square 0.647574132 0.419352257 Adjusted R Square 0.413487128 Standard Error Observations 445654.7471 101 ANOVA df SS MS F Regression 1 1.42003E+13 1.42E+13 71.49924 Significance F 2.50987E-13 Residual Total 99 1.96622E+13 1.99E+11 100 3.38625E+13 Coefficients Standard Error t Stat Intercept Distance 1879532.706 -69744.7461 P-value 92949.97238 20.22091 6.28E-37 8248.230308 -8.45572 2.51E-13 Residuals 2000000 Residual Plot 1000000 0 -1000000 Fitted Values Normal Probability Plot Lower 95% 1695099.797 Upper 95% Lower 95.0% Upper 95.0% 2063965.619 1695099.797 2063965.619 -86111.02446-53378.46767-86111.02446 -53378.46767 20 25 3000000 2000000 1000000 0 0 20 40 60 80 100 120 Sample Percentile