1. Pueblo, Colorado Real Estate Sales Forecasting - Northside  William Prater  BUSAD 360  Market – Pueblo Northside Zip Codes 81008 & 81003 (20 Observations) South of HWY 50, West of Elizabeth St, North of 21 st St, & East of Train Tracks  Data Source - Pueblo, Colorado Recently Sold Homes. (2014, December 4). Retrieved from RealtyTrac: http://www.realtytrac.com/puebloco/recentlysoldhomes

2. Northside Sample Data Set

3. Regression Analysis with Variables

4. Final Model – Square Foot Variable Although all of the models are good for predicting the price of real estate sales, the strongest model is the square foot variable. The overall level for F is the highest at 23.0494 with the best significance level of 0.000143. Additionally, the t Stat is the furthest from 0 at 1.11181 and the P-value is the lowest at 0.28084. The R Square is 0.5615 and is the lowest of the models, but still exemplifies a quality fit for predicting the price of real estate, which means there is a 56% accuracy that the price of real estate is based on the total square feet of the home.

5. Significance Testing & Residual Analysis Pearson Correlation Coefficient : r = 0.7493 Regression Equation : y^ = 63.811x + 17,768 Coefficient of Determination : r2 = 0.5615 T test of Slope : 13.29 F test of F : 26.5811 Ssxy : 141,740,447 SSxx : 2,221,263.75 b1: 63.81 b0: 17,768 SSE : 7,062,544,030.83 Se : 19,808.168 Ssyy : 16,107,723,562

6. Model Application Sales Forecast for 800, 1,000, 1,200, and 1,400 Total Square Feet with a 95% Confidence Interval 800 Total Square Feet : $68,816 +- $6,601 $62,215 to $75,417 1,000 Total Square Feet : $81,578 +- $1,943 $79,635 to $83,521 1,200 Total Square Feet : $94,340 +- $571 $93,769 to $94,911 1,400 Total Square Feet : $107,102 +- $912 $102,190 to $108,014