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Month Sales Advertising Advertising 1 264 2.5 2.5 2 116 1.3 1.3 3 165 1.4 1.4 4 101 1 1 5 209 2 2

1. The document contains monthly sales and advertising data for 5 months. 2. A linear regression model was fitted to the data with advertising (X) as the independent variable and sales (Y) as the dependent variable. 3. The linear regression model was found to be a good fit for the relationship between sales and advertising with an R^2 value close to 1.

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73 views4 pages

Month Sales Advertising Advertising 1 264 2.5 2.5 2 116 1.3 1.3 3 165 1.4 1.4 4 101 1 1 5 209 2 2

1. The document contains monthly sales and advertising data for 5 months. 2. A linear regression model was fitted to the data with advertising (X) as the independent variable and sales (Y) as the dependent variable. 3. The linear regression model was found to be a good fit for the relationship between sales and advertising with an R^2 value close to 1.

Uploaded by

ilan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Month

Sales

X
Advertising
2.5
1.3
1.4
1
2

Advertising
264
2.5
116
1.3
165
1.4
101
1
209
2

1
2
3
4
5

Sales
300
250

f(x) = 109.2286501377x - 8.1349862259


R = 0.9595471315

200
150
100
50
0
0.8

1.2

1.4

1.6

1.8

2.2

2.4

2.6

Y
Sales
264
116
165
101
209

Components:
Horizontal
Random
Trend
Y=a+bx
Sales = -8.135 + 109.23 (Advertisements)
"=> Good R^2 value (close to 1)"

SUMMARY OUTPUT
Regression Statistics
Multiple R
0.97956477

R Square

0.9595471
Adjusted R Square 0.94606284
Standard Error
15.6027357
Observations
5
ANOVA
df
Regression
Residual
Total

SS
MS
1 17323.6639 17323.6639
3 730.336088 243.445363
4
18054

CoefficientsStandard Error
a
b
Y=a+bx

Intercept
X Variable 1

t Stat

-8.1349862 22.3524729 -0.36394122


109.22865 12.9484399 8.43566106

F
Significance F
71.1603775 0.00349597

P-value

Lower 95%

Upper 95% Lower 95.0% Upper 95.0%

0.74003927 -79.270531 63.0005586 -79.270531 63.0005586


0.00349597 68.0209355 150.436365 68.0209355 150.436365

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