MAT 240 RealEstate Data 3-3

Region State County listing price square feet random East North Central mi bay 145,100 $117 1,239 0.9438599 East North Central oh cuyahoga 265,100 $136 1,947 0.0089883 East North Central oh clark 240,500 $137 1,752 0.9626635 East North Central oh marion 149,700 $116 1,296 0.5168714 East North Central il vermilion 254,500 $156 1,632 0.9859023 East North Central il peoria 187,900 $131 1,434 0.1416905 East North Central il ogle 236,600 $208 1,138 0.0479568 East North Central il madison 254,500 $156 1,628 0.9181611 East North Central il kankakee 148,700 $115 1,293 0.2131548 East North Central oh montgomery 225,300 $151 1,493 0.5246015 East North Central mi saginaw 171,800 $118 1,452 0.3335134 East North Central mi calhoun 266,200 $130 2,042 0.1811563 East North Central oh lawrence 248,300 $156 1,587 0.0162423 East North Central wi manitowoc 181,400 $140 1,294 0.0777598 East North Central il mclean 203,800 $134 1,526 0.2411877 East North Central il dekalb 347,500 $97 3,574 0.3710335 East North Central oh ashland 188,000 $151 1,246 0.18987 East North Central oh muskingum 188,300 $94 1,999 0.2909724 East North Central wi grant 243,200 $121 2,014 0.7634675 East North Central in madison 229,100 $187 1,224 0.8882037 East North Central oh jefferson 246,500 $136 1,814 0.7317699 East North Central il stephenson 235,600 $140 1,682 0.2719352 East North Central il adams 266,100 $166 1,599 0.8442448 East North Central oh huron 199,700 $147 1,359 0.4341986 East North Central il sangamon 213,500 $130 1,643 0.6438998 East North Central il knox 205,100 $118 1,740 0.7032371 East North Central oh wayne 256,700 $129 1,986 0.7230611 East North Central in grant 219,500 $116 1,898 0.296003 East North Central oh belmont 172,500 $101 1,710 0.7242036 $'s per square foot

Regression Equation slope Intercept R (correlation) Slope and Intercepts Slope Intercept R-squared Coefficient

69.515 6951.5 188150 104732 0.7128185619 Positive, strong because it is closer to 1 69.515 104732 0.508110302151415 How much the listing price is varying versus the amount of square footage.

Have Outlier because the random sample is a representative of ENC, and potentially there are few homes that are larger in the sq ft area. Price will be higher because the sq ft will be higher.

x= sq ft area y= listing price

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