Arif A Nezami

HEC Paris, MBA

J-16 | SPSS labs
____________________________________________________________________________________

Name: Arif A Nezami

January 2016, MBA

Subject- SPSS Labs

Assignment Number- 3

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Arif A Nezami
HEC Paris, MBA
J-16 | SPSS labs
____________________________________________________________________________________

Q1:
Descriptive Statistics for the price and Floor area for Arrondissement XIX

Descriptive Statistics
N

Minimum

Maximum

Mean

Std. Deviation

Median

Price in k

33

135.0

2000.0

435.955

325.3056

399.00

Floor Area in m

33

20.5

360.0

74.145

57.8892

65.00

Valid N (listwise)

33

Regression Results
*Important results are highlighted
Model Summaryb

Model

Std. Error of the

Square

Estimate

R Square
.974a

Adjusted R

.950

.948

74.220

a. Predictors: (Constant), Floor Area in m

b. Dependent Variable: Price in k

ANOVAa
Model
1

Sum of Squares
Regression

Mean Square

3215594.051

3215594.051

170764.571

31

5508.535

3386358.622

32

Residual
Total

df

Sig.
.000b

583.748

a. Dependent Variable: Price in k

b. Predictors: (Constant), Floor Area in m

Coefficientsa
Standardized
Unstandardized Coefficients
Model
1

B
(Constant)
Floor Area in m

Std. Error
29.939

21.197

5.476

.227

Coefficients
Beta

.974

Sig.
1.412

.168

24.161

.000

a. Dependent Variable: Price in k

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Arif A Nezami
HEC Paris, MBA
J-16 | SPSS labs
____________________________________________________________________________________
Residuals Statisticsa
Minimum
Predicted Value
Residual

Mean

Std. Deviation

142.20

2001.27

435.95

316.997

33

-108.471

246.709

.000

73.051

33

-.927

4.938

.000

1.000

33

-1.461

3.324

.000

.984

33

Std. Predicted Value

Std. Residual

Maximum

a. Dependent Variable: Price in k

Scatter plot for Price and Floor Area for Arrondissement XIX

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Arif A Nezami
HEC Paris, MBA
J-16 | SPSS labs
____________________________________________________________________________________

Q2: Equation of the model

Price=29.939+5.476 X Floor Area

Q3: Analysis of the model
The R of the model is 0.950, which indicates that 95% of the price can be explained by this
model.
The R of the model is 0.974, which is close to 1, hence we see a strong positive correlation
between price and floor area.
When checking if R>2/N
2/(N) of the value is 2/(33)=0.35.
Therefore, we can reject with a risk of error of 5%, the fact that there is no correlation between
the price and the floor area.

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Arif A Nezami
HEC Paris, MBA
J-16 | SPSS labs
____________________________________________________________________________________

Q4: Histogram of the variable unstandardized residual

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Arif A Nezami
HEC Paris, MBA
J-16 | SPSS labs
____________________________________________________________________________________

Q5: Price of an apartment with a floor area = 30 m^2

Expected price of a 30 M apartment
= 29.939+5.476 X 30
= 194.219
=5508.535
= 74.22
Therefore there is 95% chance that the price is between [194.22-2x74.22, 194.22+2x74.22]
[ 45.78 , 342.66]

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