Dependent Variable: House price ( in Million) a) You are required to write the multiple regression equation. b) How would you interpret the above ‘Output' ofa regression analysis performed in SPSS? c) From the above results, what can you say about the nature of autocorrelation? d) Is there multicollinearity in regression? How do you know?

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
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Dependent Variable: House price ( in Million)
a) You are required to write the multiple regression equation.
b) How would you interpret the above ‘Output' ofa regression analysis performed in SPSS?
c) From the above results, what can you say about the nature of autocorrelation?
d) Is there multicollinearity in regression? How do you know?

Model
Unstandardized
Coefficients
VIF
Constant
14.208
5.736
Age of house
-0.299
-2.322
1.58
Square footage of the house
0.364
2.931
1.71
Income of families in the area
0.004
0.392
1.01
Transportation time to major markets
-0.337
-2.619
1.90
R? = 0.67; DW = 2.08
Transcribed Image Text:Model Unstandardized Coefficients VIF Constant 14.208 5.736 Age of house -0.299 -2.322 1.58 Square footage of the house 0.364 2.931 1.71 Income of families in the area 0.004 0.392 1.01 Transportation time to major markets -0.337 -2.619 1.90 R? = 0.67; DW = 2.08
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