Model Performance

Linear Regression · sklearn · Trained on 47 observations · 7 features

Model Trusted ✓
Excellent
0.9312
R² Score

93.1% of price variance explained

> 0.90 threshold met

Acceptable
$18,420
RMSE

Root Mean Square Error

~5.9% of median price

Good
$13,870
MAE

Mean Absolute Error

~4.5% of median price

All Significant
7
Feature Count

Independent variables

p < 0.01 for all features

Actual vs Predicted Prices

Points near the diagonal indicate accurate predictions

PredictionsPerfect fit line

Residuals Distribution

Predicted − Actual · Should be centered near 0

Feature Coefficients

Marginal effect on price per unit increase

Regression Equation Breakdown

Price = β₀ + β₁·Area + β₂·Bedrooms + … · Intercept: $-42,800

All p < 0.01
FeatureCoefficientInterpretationp-valueSignificant
Area (sq ft)+187.4+$187.4 per unit increase0.0001✓ Yes
Location: Prime+68,500+$68.5K per unit increase0.0001✓ Yes
Garage Spaces+22,400+$22.4K per unit increase0.0003✓ Yes
Bathrooms+11,600+$11.6K per unit increase0.0012✓ Yes
Bedrooms+8,200+$8.2K per unit increase0.0089✓ Yes
Location: Suburban-31,200-$31.2K per unit increase0.0001✓ Yes
Property Age (yrs)-3,140-$3.1K per unit increase0.0024✓ Yes