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Ruru (Waikato) TOPO50: BD34 255.65 143.09 WGS84: 175.5616844E 37.7907598S
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Appendix B: Regression analysis output

Table 6: Parameters from regression analysis

Variable Coefficient
P values
Population 102.8962 0.075964
Area -52.1527 0.88773
HHI -1099852 0.439939
Bandwidth 96476137 0.572301
Years 32509352 0.923684
Regression stats
Multiple R 0.911228
R Square 0.830337

 

  1. All the coefficients have the expected signs, although few are statistically significant. However, the regression does explain much of the variation in the price. The statistical robustness of the model is not as important when using it for forecasting.
Last updated 3 April 2008