Question: Selling Price versus Distance From Boston SUMMARY OUTPUT Dependent Variable: Selling Price ($) Regression Statistics Multiple R 0.3827 R square 0.1465 Adjusted R Square 0.1160

Selling Price versus Distance From Boston SUMMARY OUTPUT Dependent Variable: Selling Price ($) Regression Statistics Multiple R 0.3827 R square 0.1465 Adjusted R Square 0.1160 Standard Error 270,738.76 Observations 30 ANOVA df SS MS F Significance f Regression 1 3.52E+11 3.52E+11 4.81 0.0368 Residual 28 2.05E+12 7.33E+10 Total 29 2.40E+12 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 686,773.86 114,928.58 5.98 0.0000 451,353.34 922,194.39 Distance from Boston (miles) -15,162.92 6,917.05 -2.19 0.0368 -29,331.86 -993.99 How much variation in a home's selling price does its distance from Boston explain? 38% 15% 12% 4%

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