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Regression Statistics

1. A regression analysis was conducted to predict sales (y) based on advertising (x) and sales promotions (l). 2. The adjusted R-square value of 0.876 indicates the regression model is a good fit for the data. 3. Based on the coefficients, for every one unit increase in advertising (x), sales (y) is predicted to increase by 1.3125 units, and for every one unit increase in sales promotions (l), sales (y) is predicted to increase by 0.34375 units.

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21 views5 pages

Regression Statistics

1. A regression analysis was conducted to predict sales (y) based on advertising (x) and sales promotions (l). 2. The adjusted R-square value of 0.876 indicates the regression model is a good fit for the data. 3. Based on the coefficients, for every one unit increase in advertising (x), sales (y) is predicted to increase by 1.3125 units, and for every one unit increase in sales promotions (l), sales (y) is predicted to increase by 0.34375 units.

Uploaded by

Anonymous 9UbKgf
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
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SUMMARY OUTPUT

Regression Statistics
Multiple R 0.957943
R Square 0.917654
Adjusted R 0.876482
Standard Er1.011651
Observatio
7
ANOVA
df
Regression
Residual
Total

SS
MS
2 45.62054 22.81027
4 4.09375 1.023438
6 49.71429

F
Significance F
22.2879 0.006781

Coefficients
Standard Error t Stat
P-value Lower 95%Upper 95%
Intercept
1.4375 2.09577 0.685905 0.530462 -4.381291 7.256291
adver
1.3125 0.900123 1.458134 0.218551 -1.186642 3.811642
sales prom 0.34375 0.765731 0.448917 0.676738 -1.782261 2.469761

1.Adjusted Rsuare value is 0.876 which indicates that model is a good fit
2. My regression equation is 1. 4375+1.3125+.34375
3.there is positive relationship between X,Y,L
4.. Strength of relationship for every one unit increase in adver(x) y will increase by 1.3125
5. my null
my alternative hypoth

adver
sales promotion

adversales promotion
1
0.958967
1

Lower 95.0%
Upper 95.0%
-4.3812908293 7.256291
-1.1866420034 3.811642
-1.7822608785 2.469761

odel is a good fit

n adver(x) y will increase by 1.3125 and for everyone unit increase in sales pro(l) y will increase by .34325

crease by .34325

adversales promotion
adver
1
sales prom 0.958967
1

y
sales

x
adver
18
12
13
15
17
16
10

sales promotion
10
12
6
7
7
9
8
10
8
10
8
11
5
7

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