How do I find the slope of each variable? Lot, garage, Br. Please explain. I wan
ID: 339930 • Letter: H
Question
How do I find the slope of each variable? Lot, garage, Br. Please explain. I want to understand.
SUMMARY OUTPUT Regression Statistics Multiple R 0.720712 R Square 0.519426 Adjusted R Square 0.504563 Standard Error 129100.6 Observations 101 ANOVA df SS MS F Significance F Regression 3 1.7474E+12 5.82466E+11 34.94730055 2.11742E-15 Residual 97 1.6167E+12 16666977078 Total 100 3.36409E+12 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -125619 56782.1113 -2.21230325 0.029292066 -238316.0222 -12922.5 -238316 -12922.47651 Lot (Acres) 4610.228 1605.708915 2.871147817 0.00502209 1423.339933 7797.115 1423.34 7797.11536 Garage 88751.07 21630.31224 4.103087866 8.49269E-05 45820.88946 131681.3 45820.89 131681.2539 BRs 82084.96 24212.57625 3.39017884 0.001011442 34029.70219 130140.2 34029.7 130140.2251Explanation / Answer
Coefficients are the Slope of the variables.
Therefore, slope of Lot (Acres) is 4610.228
Slope of Garage is 88751.07
Slope of BRs is 82084.96
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