Scribd
Upload
30 views

Residuals: Regression Statistics

The document contains sales data including quantity sold, price, and advertising spend for 7 products. A regression analysis found a strong correlation between quantity sold, price, and advertising. The regression output includes statistics like R square, ANOVA table, coefficient estimates, and residual analysis.

Uploaded by

Affan Ali
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
30 views

Residuals: Regression Statistics

The document contains sales data including quantity sold, price, and advertising spend for 7 products. A regression analysis found a strong correlation between quantity sold, price, and advertising. The regression output includes statistics like R square, ANOVA table, coefficient estimates, and residual analysis.

Uploaded by

Affan Ali
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 4

Quantity Sold

Price
8500
4700
5800
7400
6200
7300
5600

$2
$5
$3
$2
$5
$3
$4

Advertising
$2,800
$200
$400
$500
$3,200
$1,800
$900

SUMMARY OUTPUT
Regression Statistics
Multiple R
0.981
R Square
0.962
Adjusted R Square
0.943
Standard Error
310.524
Observations
7
ANOVA
df
Regression
Residual
Total

Intercept
Price
Advertising

SS
MS
2 9694299.568 4847149.784
4
385700.432
96425.108
6 10080000.000

Coefficients
8536.214
-835.722
0.592

Std Error
386.912
99.653
0.104

RESIDUAL OUTPUT
ObservationPredicted Quantity Sold
Residuals
1
8523.009
-23.009
2
4476.048
223.952
3
6265.938
-465.938
4
7160.883
239.117
5
6252.733
-52.733
6
7095.058
204.942
7
5726.330
-126.330

Residuals
300.000
200.000

F
Significance F
50.269
0.001

t Stat
P-values
22.062
0.000
-8.386
0.001
5.676
0.005

Lower 95%
7461.975
-1112.404
0.303

Residuals
300.000
200.000
100.000
0.000
-100.000
-200.000
-300.000
-400.000
-500.000
-600.000

Upper 95%
9610.453
-559.041
0.882

You might also like