- Thread starter Completely Confused
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The t-test you should be interested in is the one on your "Regression" tab, which shows that the model coefficient of 1.2576 is reliable (significantly different from 0, which would suggest an unreliable coefficient).

Completely Confused said:

Thanks for your help. One final question then. Is the "coefficients" value the same as the correlation coefficient? What does the "T Stat" amount of 30.88841731 represent? I'm very glad to hear that I can rely on the market price to determine my price...it might have been ugly if not!

In linear regression, the equation of the line follows y = bx + a, where b is the slope (coefficient) and a is the y-intercept.

The correlation coefficient "r" is an index of the strength of the relationship between the two variables, and can range between -1 (strong negative relationship) and 1 (strong positive relationship). 0 indicates no relationship.

Once I calculate a number I'm supposed to compare that to a chart. What number am I looking for?