Question

In: Statistics and Probability

What are the SAS Coding and SAS Results for a multiple regression analysis of the following...

What are the SAS Coding and SAS Results for a multiple regression analysis of the following data, where the price of the house is the dependent variable?

House Price

Living Area

Bathrooms

Bedrooms

97739

1276

2

2

97783

1061

1

3

98423

1355

1

3

99045

937

1

2

99082

924

1

2

Solutions

Expert Solution

SAS CODE:

data housing;
infile datalines firstobs=2 ;
input Houseprice livingarea bathrooms bedrooms;
datalines;
House Price   Living Area   Bathrooms   Bedrooms
97739 1276 2 2
97783 1061 1 3
98423 1355 1 3
99045 937 1 2
99082 924 1 2
;
run;

proc reg data=housing;
model Houseprice = livingarea bathrooms bedrooms;
run;

OUTPUT:

Parameter Estimates
Variable DF Parameter Standard t Value Pr > |t|
Estimate Error
Intercept 1 102244 153.1355 667.67 0.001
livingarea 1 2.16707 0.22167 9.78 0.0649
bathrooms 1 -2073.22 95.17085 -21.78 0.0292
bedrooms 1 -1561.86 76.88854 -20.31 0.031

Multipple regression eq is

houseprice=102244+2.16707*livingarea-2073.22*bathrooms-1561.86*bedrooms


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