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    Lectuer Multiple Reg-1-28-12-2021

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    Usman Ghani
    This document contains data on weekly pie sales, sales price, and amount of advertising spent over 15 weeks. A linear regression model was fitted to predict pie sales (y) based on price (X1) and advertising (X2). The regression equation, residual sums of squares, ANOVA table, and coefficients are reported. Key findings are that price and advertising are significant predictors of pie sales, with R-squared of 0.52, indicating the model explains over half the variation in sales.

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    Lectuer Multiple Reg-1-28-12-2021

    Uploaded by

    Usman Ghani
    4 views4 pages
    This document contains data on weekly pie sales, sales price, and amount of advertising spent over 15 weeks. A linear regression model was fitted to predict pie sales (y) based on price (X1) and advertising (X2). The regression equation, residual sums of squares, ANOVA table, and coefficients are reported. Key findings are that price and advertising are significant predictors of pie sales, with R-squared of 0.52, indicating the model explains over half the variation in sales.

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    Lectuer Multiple Reg-1-28-12-2021 (1)

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    This document contains data on weekly pie sales, sales price, and amount of advertising spent over 15 weeks. A linear regression model was fitted to predict pie sales (y) based on price (X1) and advertising (X2). The regression equation, residual sums of squares, ANOVA table, and coefficients are reported. Key findings are that price and advertising are significant predictors of pie sales, with R-squared of 0.52, indicating the model explains over half the variation in sales.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    4 views4 pages

    Lectuer Multiple Reg-1-28-12-2021

    Uploaded by

    Usman Ghani
    This document contains data on weekly pie sales, sales price, and amount of advertising spent over 15 weeks. A linear regression model was fitted to predict pie sales (y) based on price (X1) and advertising (X2). The regression equation, residual sums of squares, ANOVA table, and coefficients are reported. Key findings are that price and advertising are significant predictors of pie sales, with R-squared of 0.52, indicating the model explains over half the variation in sales.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    dollars dollars 100-dollars

    Week Y_Pie SalesPrice Advertising


    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
    ˆ  306.53  24.98 X1  74.13 X 2
    y e  yi  yˆ i

    413.769
    363.809
    329.08
    440.275
    359.056
    415.7
    416.51
    420.939
    391.125
    478.15
    386.129
    346.404
    455.668
    441.085
    331.821
    Sum of squared residual or SSE
    e  yi  yˆ i
    residual e^2
    -63.769 4066.485
    96.191 9252.708
    20.92 437.6464 SUMMARY OUTPUT
    -10.275 105.5756
    -9.056 82.01114 Regression Statistics
    -35.7 1274.49 Multiple R 0.722134292240182
    13.49 181.9801 R Square 0.521477936029229
    49.061 2406.982 Adjusted R Square 0.441724258700767
    58.875 3466.266 Standard Error 47.4634126347648
    11.85 140.4225 Observations 15
    -46.129 2127.885
    -46.404 2153.331 ANOVA
    -15.668 245.4862 df SS MS
    8.915 79.47723 Regression 2 29460.02686608 14730.013433
    -31.821 1012.576 Residual 12 27033.30646726 2252.7755389
    27033.32 Total 14 56493.33333333

    Coefficients Standard Error t Stat


    Intercept 306.526193283744 114.2538935105 2.6828511823
    Price -24.9750895178269 10.83212511941 -2.3056500218
    Advertising 74.130957488741 25.96731791794 2.854779139

    RESIDUAL OUTPUT

    Observation Predicted Pie Sales Residuals


    1 413.795360648541 -63.7953606485
    2 363.845181612887 96.15481838711
    3 329.118349607351 20.88165039265
    4 440.314785840462 -10.3147858405
    5 359.088457028743 -9.08845702874
    6 415.736851855005 -35.736851855
    7 416.531162919745 13.46883708025
    8 420.970163077993 49.02983692201
    9 391.158917869548 58.84108213045
    10 478.174575649573 11.82542435043
    11 386.163899965983 -46.163899966
    12 346.442050056882 -46.4420500569
    13 455.696995083529 -15.6969950835
    14 441.109096905202 8.890903094798
    15 331.854151878556 -31.8541518786
    F Significance F
    6.538606789 0.01200637223

    P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%


    0.019931591 57.5883442637 555.4640423 57.588344264 555.4640423
    0.0397884612 -48.576262701 -1.3739163351 -48.5762627 -1.3739163351
    0.0144936268 17.5530320571 130.70888292 17.553032057 130.70888292

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