Use the Following Information for Questions:
Data Has Been $r^2$

Use the following information for questions:
Data has been obtained on the house size (in square feet) and the selling price (in dollars) for a sample of 100 homes in your town. Your friend is saving to buy a house and she asks you to investigate the relationship between house size and selling price and to develop a model to predict the price from size.
-Some of the regression output is provided below.

Give the value of $r^2$ and interpret it in the context of the problem.