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    Mrcostest

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    LuisAlfonsoFernándezMoreno
    A linear regression was performed to predict cost based on variables B Made and C Made. The regression was statistically significant and the R-squared value indicated that about 61% of the variability in cost is explained by B Made and C Made. Coefficients, standard errors, F value and significance levels are reported for the regression analysis.

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    Mrcostest

    Uploaded by

    LuisAlfonsoFernándezMoreno
    29 views6 pages
    A linear regression was performed to predict cost based on variables B Made and C Made. The regression was statistically significant and the R-squared value indicated that about 61% of the variability in cost is explained by B Made and C Made. Coefficients, standard errors, F value and significance levels are reported for the regression analysis.

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    A linear regression was performed to predict cost based on variables B Made and C Made. The regression was statistically significant and the R-squared value indicated that about 61% of the variability in cost is explained by B Made and C Made. Coefficients, standard errors, F value and significance levels are reported for the regression analysis.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    29 views6 pages

    Mrcostest

    Uploaded by

    LuisAlfonsoFernándezMoreno
    A linear regression was performed to predict cost based on variables B Made and C Made. The regression was statistically significant and the R-squared value indicated that about 61% of the variability in cost is explained by B Made and C Made. Coefficients, standard errors, F value and significance levels are reported for the regression analysis.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.8033987437933
    R Square 0.6454495415286
    Adjusted R Square 0.5745394498343
    Standard Error 1252.7638975422
    Observations 19

    ANOVA
    df SS MS F Significance F
    Regression 3 42856229.8868 14285410 9.102365 0.001126532135
    Residual 15 23541260.74478 1569417.38
    Total 18 66397490.63158

    Coefficients Standard Error t Stat P-value Lower 95%


    Intercept 35102.90044874 1837.226911186 19.1064589 6.11E-12 31186.94157657
    A Made 2.0659532959959 1.664981779189 1.24082637 0.233727 -1.48287354217
    B Made 4.1763555311015 1.681252565523 2.48407385 0.025288 0.592848311479
    C Made 4.7906410372641 1.789316107053 2.67735869 0.017223 0.976801689566

    RESIDUAL OUTPUT

    Observation Predicted Cost Residuals


    1 42871.99 1567.01
    2 43318.35 617.65
    3 43668.36 795.64
    4 43575.81 -2042.81
    5 45342.07 1000.93
    6 44685.80 236.20
    7 42784.48 418.52
    8 43662.85 -662.85
    9 42753.82 -1786.82
    10 47339.70 1242.30
    11 46550.10 -1547.10
    12 43484.02 818.98
    13 42668.27 -598.27
    14 44764.61 -411.61
    15 45329.26 638.74
    16 47574.96 206.04
    17 44179.19 -977.19
    18 45310.78 -1236.78
    19 42888.56 1721.44
    Upper 95% Lower 95.0% Upper 95.0%
    39018.85932 31186.94158 39018.85932
    5.614780134 -1.482873542 5.614780134
    7.759862751 0.592848311 7.759862751
    8.604480385 0.97680169 8.604480385
    A B C D E
    1
    2
    3 Month Cost A Made B Made C Made
    4 1 44439 515 541 928
    5 2 43936 929 692 711
    6 3 44464 800 710 824
    7 4 41533 979 675 758
    8 5 46343 1165 1147 635
    9 6 44922 651 939 901
    10 7 43203 847 755 580
    11 8 43000 942 908 589
    12 9 40967 630 738 682
    13 10 48582 1113 1175 1050
    14 11 45003 1086 1075 984
    15 12 44303 843 640 828
    16 13 42070 500 752 708
    17 14 44353 813 989 804
    18 15 45968 1190 823 904
    19 16 47781 1200 1108 1120
    20 17 43202 731 590 1065
    21 18 44074 1089 607 1132
    22 19 44610 786 513 839
    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.78042123163
    R Square 0.60905729878
    Adjusted R Square 0.56018946112
    Standard Error 1273.71539065
    Observations 19

    ANOVA
    df SS MS F Significance F
    Regression 2 40439876.2896 2E+07 12.463357 0.000545638
    Residual 16 25957614.342 1622351
    Total 18 66397490.6316

    Coefficients Standard Error t Stat P-value Lower 95% Upper 95%


    Intercept 35475.3025536 1842.86085258 19.25013 1.723E-12 31568.61295 39381.99216
    B Made 5.32096807694 1.42909547563 3.723312 0.0018491 2.291421689 8.350514465
    C Made 5.41713784825 1.74531164568 3.103823 0.006825 1.717243277 9.117032419

    RESIDUAL OUTPUT

    Observation Predicted Cost Residuals


    1 43381.0502064 1057.94979355
    2 43008.997473 927.002527007
    3 43716.9114752 747.088524769
    4 43173.1464946 -1640.1464946
    5 45018.3354715 1324.66452847
    6 45352.5327792 -430.53277917
    7 42634.5734037 568.426596281
    8 43497.4357601 -497.43576013
    9 43096.6650069 -2129.6650069
    10 47415.4347847 1166.56521529
    11 46525.806879 -1522.806879
    12 43366.1122612 936.887738762
    13 43312.0041441 -1242.0041441
    14 45093.1188117 -740.11881173
    15 44751.5518958 1216.44810421
    16 47438.1295729 342.870427063
    17 44383.9255274 -1181.9255274
    18 44837.3302206 -763.33022057
    19 42749.9378318 1860.0621682
    Lower 95.0% Upper 95.0%
    31568.61295 39381.99216
    2.291421689 8.350514465
    1.717243277 9.117032419
    A B C D E F G H I J
    1
    2
    3 Month Cost B Made C Made
    4 1 44439 541 928 LINEST OUTPUT
    5 2 43936 692 711 5.4171378483 5.32096807694 35475.3025536
    6 3 44464 710 824 1.7453116457 1.42909547563 1842.86085258
    7 4 41533 675 758 0.6090572988 1273.71539065 #N/A
    8 5 46343 1147 635 12.463356842 16 #N/A
    9 6 44922 939 901 40439876.29 25957614.342 #N/A
    10 7 43203 755 580
    11 8 43000 908 589 Cmadecoef Bmadecoef Const
    12 9 40967 738 682 Std err C Std Err B Std err const
    13 10 48582 1175 1050 rsq std err est
    14 11 45003 1075 984 F df
    15 12 44303 640 828 ssreg ssresid
    16 13 42070 752 708
    17 14 44353 989 804
    18 15 45968 823 904
    19 16 47781 1108 1120
    20 17 43202 590 1065
    21 18 44074 607 1132
    22 19 44610 513 839

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