Regression

Model 1: Square Footage

Variables Entered/Removedb

Variables Variables
Model Entered Removed Method

1 Square_Footage . Enter

a. All requested variables entered.

b. Dependent Variable: Selling_Price

Model Summary

Adjusted R Std. Error of the

Model R R Square Square Estimate

1 .804a .646 .622 22069.13979

a. Predictors: (Constant), Square_Footage

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 1.332E10 1 1.332E10 27.342 .000a

Residual 7.306E9 15 4.870E8

Total 2.062E10 16

a. Predictors: (Constant), Square_Footage

b. Dependent Variable: Selling_Price

Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 2367.261 22118.785 .107 .916

Square_Footage 46.601 8.912 .804 5.229 .000

a. Dependent Variable: Selling_Price

Model 2: Bedrooms

Variables Entered/Removedb

Variables Variables
Model Entered Removed Method
a
1 Bedrooms . Enter

a. All requested variables entered.

b. Dependent Variable: Selling_Price

Model Summary

Adjusted R Std. Error of the

Model R R Square Square Estimate

1 .604a .365 .323 29545.75317

a. Predictors: (Constant), Bedrooms

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 7.528E9 1 7.528E9 8.624 .010a

Residual 1.309E10 15 8.730E8

Total 2.062E10 16

a. Predictors: (Constant), Bedrooms

b. Dependent Variable: Selling_Price
 Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 1923.469 39028.340 .049 .961

Bedrooms 36137.755 12305.705 .604 2.937 .010

a. Dependent Variable: Selling_Price

Model 3: AGE (YEARS)

Variables Entered/Removedb

Variables Variables
Model Entered Removed Method

1 AGE_Yearsa . Enter

a. All requested variables entered.

b. Dependent Variable: Selling_Price

Model Summary

Adjusted R Std. Error of the

Model R R Square Square Estimate

1 .881a .777 .762 17519.22806

a. Predictors: (Constant), AGE_Years

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 1.602E10 1 1.602E10 52.191 .000a

Residual 4.604E9 15 3.069E8

Total 2.062E10 16

a. Predictors: (Constant), AGE_Years

b. Dependent Variable: Selling_Price
 Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 147670.868 6246.954 23.639 .000

AGE_Years -2424.158 335.553 -.881 -7.224 .000

a. Dependent Variable: Selling_Price

Interpretation :
Model 3 is better than others because the R-squared value is higher than others and standard
error value is lower is better for us.

Model 3 equation: selling price = 147670.86-2424.158