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Regression Data

The document presents data on pie sales over 15 weeks, including sales numbers, prices, and advertising expenditures. It includes regression statistics, ANOVA results, and residual outputs to analyze the relationship between sales, price, and advertising. The analysis indicates a significant correlation between these variables, with a predicted sales figure of approximately 750.96 when price is set at $8 and advertising at $3.3.

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holanep276
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0% found this document useful (0 votes)
9 views16 pages

Regression Data

The document presents data on pie sales over 15 weeks, including sales numbers, prices, and advertising expenditures. It includes regression statistics, ANOVA results, and residual outputs to analyze the relationship between sales, price, and advertising. The analysis indicates a significant correlation between these variables, with a predicted sales figure of approximately 750.96 when price is set at $8 and advertising at $3.3.

Uploaded by

holanep276
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

Week Pie Sales Price ($) Advertising ($100s)

1 350 5.5 3.3


2 460 7.5 3.3
3 350 8 3
4 430 8 4.5
5 350 6.8 3
6 380 7.5 4
7 430 4.5 3
8 470 6.4 3.7
9 450 7 3.5
10 490 5 4
11 340 7.2 3.5
12 300 7.9 3.2
13 440 5.9 4
14 450 5 3.5
15 300 7 2.7
Holiday
0
1
1
0
0
0
0 SUMMARY OUTPUT
0
1 Regression Statistics
1 Multiple R 0.72213429224
0 R Square 0.52147793603
0 Adjusted R Square 0.4417242587
0 Standard Error 47.4634126348
0 Observations 15
0
ANOVA
df SS
Regression 2 29460.0268661
Residual 12 27033.3064673
Total 14 56493.3333333

Coefficients Standard Error


Intercept 306.526193284 114.25389351
X Variable 1 -24.975089518 10.8321251194
X Variable 2 74.1309574887 25.9673179179

RESIDUAL OUTPUT

Observation Predicted Y Residuals


1 413.795360649 -63.7953606485
2 363.845181613 96.1548183871
3 329.118349607 20.8816503926
4 440.31478584 -10.3147858405
5 359.088457029 -9.08845702874
6 415.736851855 -35.736851855
7 416.53116292 13.4688370803
8 420.970163078 49.029836922
9 391.15891787 58.8410821305
10 478.17457565 11.8254243504
11 386.163899966 -46.163899966
12 346.442050057 -46.4420500569
13 455.696995084 -15.6969950835
14 441.109096905 8.8909030948
15 331.854151879 -31.8541518786
Predicted Sales Price Advertisement
750.959069139 8 3.3

MS F Significance F
14730.0134330389 6.538606789 0.0120063722332
2252.77553893795

t Stat P-value Lower 95% Upper 95%


2.6828511822715 0.019931591 57.588344263652 555.464042304
-2.30565002181063 0.0397884612 -48.57626270056 -1.3739163351
2.85477913903187 0.0144936268 17.553032057088 130.70888292
X Variable 1 Residual Plot
150

100
Residuals 50

0
4 4.5 5 5.5 6 6.5 7 7.5 8 8.5
-50

-100
X Variable 1

X Variable 2 Line Fit Plot


600
500
400
Y
300
Y

200 Predicted Y
100
0
2.6 2.8 3 3.2 3.4 3.6 3.8 4 4.2 4.4 4.6
X Variable 2

Lower 95.0% Upper 95.0% X Variable 1 Line Fit Plo


57.588344264 555.464042304
600
-48.5762627 -1.3739163351
500
17.553032057 130.70888292 400
300
Y

200
100
0
4 4.5 5 5.5 6 6.5 7 7.5 8
X Variable 1

X Variable 2 Residual P
120

80
esiduals

40

0
X Variable 2 Residual P
120

80

Residuals
40

0
2.6 2.8 3 3.2 3.4 3.6 3.8
-40

-80
X Variable 2
dual Plot

5 7 7.5 8 8.5

Fit Plot

Y
Predicted Y

4 4.2 4.4 4.6

iable 1 Line Fit Plot

Y
Predicted Y

.5 6 6.5 7 7.5 8 8.5


X Variable 1

riable 2 Residual Plot


riable 2 Residual Plot

3.2 3.4 3.6 3.8 4 4.2 4.4 4.6

X Variable 2
Week Pie Sales Price ($)
1 350 5.5
2 460 7.5
3 350 8
4 430 8
5 350 6.8
6 380 7.5
7 430 4.5
8 470 6.4
9 450 7
10 490 5
11 340 7.2
12 300 7.9
13 440 5.9
14 450 5
15 300 7
Advertising ($100s) Holiday
3.3 0
3.3 1
3 1
4.5 0
3 0
4 0
3 0 SUMMARY OUTPUT
3.7 0
3.5 1 Regression Statistics
4 1 Multiple R
3.5 0 R Square
3.2 0 Adjusted R S
4 0 Standard Erro
3.5 0 Observations
2.7 0
ANOVA

Regression
Residual
Total

Intercept
X Variable 1
X Variable 2
X Variable 3

RESIDUAL OUTPUT

Observation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Predicted Sales Price Advertisement
850.953609593 8 3.3

MARY OUTPUT

egression Statistics
0.8594785
0.7387033
0.66744056
36.6327246
15

df SS MS F Significance F
3 41731.8117 13910.6038968237 10.3659126 0.0015503969643
11 14761.5216 1341.95651298748
14 56493.3333

CoefficientsStandard Error t Stat P-value Lower 95%


303.782759 88.1869355 3.44475922237327 0.00547847 109.6846230036
-28.5690426 8.44439098 -3.38319751175193 0.00610792 -47.15502179222
76.7393229 20.0603815 3.82541692271588 0.00281663 32.586720883448
65.3787443 21.6198129 3.02401989885517 0.0115723 17.79385703054

DUAL OUTPUT

Predicted Y Residuals
399.892791 -49.8927908
408.13345 51.86655
370.827132 -20.8271318
420.557372 9.44262816
339.731239 10.2687614
396.472232 -16.4722317
405.440036 24.5599635
404.876382 65.1236184
437.765836 12.2341642
533.273582 -43.2735824
366.673283 -26.673283
323.653156 -23.6531564
442.1827 -2.18269977
429.525177 20.4748234
310.995633 -10.9956332
Holiday
1

X Variable 1 Residu
80
60 X Variable 2
40

Residuals
80
20
0
60 XV
40

Residuals
-20 4 4.5 5 5.580 6 6.5
20
-40 60
0

Residuals
-60 -202.6 2.8 40 3 3.2 3
20
-40 X Variable 1
0
-60
-20 0 0.2
-40
-60

Upper 95% Lower 95.0% Upper 95.0%


497.880896 109.684623 497.880896
-9.98306332 -47.1550218 -9.98306332
120.891925 32.5867209 120.891925
112.963632 17.793857 112.963632
iable 1 Residual Plot

X Variable 2 Residual Plot

X Variable 3 Residual Plot


5.580 6 6.5 7 7.5 8 8.5
60 X Variable 1 Line Fit Plot
Residuals

2.8 40 3 3.2 3.4 3.6 3.8 4 4.2 4.4 4.6


20 600
X Variable 500
1
0
400
X Variable 2 Line Fit Plot
-20 0 0.2 0.4 0.6 0.8 1 1.2 Y
-40 300 600
X Variable 2
Y

Predicted Y
-60
200
100 400
X Variable 3 Line Fit Plot
Y
0 X Variable 3
600
Y

Predicted
4 4.5 2005 5.5 6 6.5 7 7.5 8 8.5
400
0 X Variable 1
Y

2.6 2.8 200


3 3.2 3.4 3.6 3.8 4 4.2 4.4 4.6
0 X Variable 2
0 0.2 0.4 0.6 0.8 1
X Variable 3
Plot
Y
Predicted Y
Line Fit Plot
Y
Predicted Y

Y
2 4.4 4.6 Predicted Y

0.8 1 1.2
3

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