SUMMARY OUTPUT

Regression Statistics
Multiple R 0.6272358066
R Square 0.3934247571
Adjusted R Square 0.3327672328
Standard Error 0.1247748555
Observations 12

ANOVA
df SS MS F Significance F
Regression 1 0.100979021 0.100979021 6.486001 0.0290246271
Residual 10 0.1556876457 0.0155687646
Total 11 0.2566666667

Coefficients Standard Error t Stat P-value Lower 95%

Intercept 216.06724942 83.8648709242 2.5763737192 0.027587 29.2046721941
Date -0.106293706 0.0417367904 -2.546762827 0.029025 -0.1992890705
 Upper 95% Lower 95.0% Upper 95.0%
402.92982664 29.204672194 402.92982664
-0.013298342 -0.199289071 -0.013298342
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9347887075
R Square 0.8738299276
Adjusted R Square 0.8570072513
Standard Error 0.5486173932
Observations 18

ANOVA
df SS MS F Significance F
Regression 2 31.2680621166 15.634031058 51.94357374 1.8078927E-07
Residual 15 4.5147156612 0.3009810441
Total 17 35.7827777778

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -0.554151825 0.3955900119 -1.400823602 0.181614251 -1.3973319765
House (K sf) 0.6467967228 0.1271260539 5.0878376458 0.000133646 0.375833953
Lot (K sf) 0.0276300142 0.0247783699 1.1150860337 0.282360732 -0.0251838311

Forecast
2.6408953787
Upper 95% Lower 95.0% Upper 95.0%
0.289028326 -1.397331977 0.289028326
0.917759493 0.375833953 0.917759493
0.080443859 -0.025183831 0.080443859
Acme Realty
Regression Analysis of Real Estate Market

Home Sales History: California

By Quarter of the year
Date Price ($M)
2008.00 2.6
2008.25 2.5
2008.50 2.5
2008.75 2.6
2009.00 2.7
2009.25 2.7
2009.50 2.5
2009.75 2.2
2010.00 2.4
2010.25 2.4
2010.50 2.4
2010.75 2.3

Home Sales Detail: California

House Price ($M) House (K sf) Lot (K sf) Bedrooms Bathrooms

House 1 6.0 6.9 42.7 6 9
House 2 5.8 8.0 36.6 6 8
House 3 5.6 8.0 44.0 7 7
House 4 3.5 3.8 18.0 4 4
House 5 3.4 6.1 27.4 5 5
House 6 3.4 4.3 22.2 5 4
House 7 2.7 3.8 22.0 4 5
House 8 2.6 5.0 29.3 4 5
House 9 2.6 3.6 31.4 4 4
House 10 2.3 3.1 22.2 4 5
House 11 2.3 3.9 21.7 5 4
House 12 2.3 3.2 24.4 4 4
House 13 1.9 3.5 25.3 4 3
House 14 1.9 3.4 24.0 5 4
House 15 1.9 3.2 21.8 4 4
House 16 1.6 3.3 6.6 4 4
House 17 1.6 2.3 15.9 4 4
House 18 1.5 2.3 21.2 3 3

396998515.xls Page 5
 Chart Title
3
Date Price ($M)
2008.00 2.6
2.5 f(x) = - 0.1062937063x + 216.0672494172
2008.25 2.5
R² = 0.3934247571
2008.50 2.5
2008.75 2.6 2
2009.00 2.7
2009.25 2.7 1.5
2009.50 2.5
2009.75 2.2 1
2010.00 2.4
2010.25 2.4
0.5
2010.50 2.4 Equation Forecast Trend
2010.75 2.3 2.3007 2.310606
2011.00 2.3106061 0
2007.50 2008.00 2008.50 2009.00 2009.50 2010.00

396998515.xls Page 6
e

4172

9.50 2010.00 2010.50 2011.00

396998515.xls Page 7