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Mosemanmodule 6 Regression

This document contains monthly sales data for three products (A, B, C) over a 19 month period, including the total monthly cost and units sold of each product. A regression analysis was performed to predict monthly cost based on the number of units sold of each product. The regression model found a multiple R-squared value of 0.61, indicating the model can explain 61% of the variation in monthly cost. The regression equation for predicting monthly cost is Y= 35,475 + 5.321*X2 + 5.417*X3, where X2 is the number of units of product B sold and X3 is the number of units of product C sold.

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31 views

Mosemanmodule 6 Regression

This document contains monthly sales data for three products (A, B, C) over a 19 month period, including the total monthly cost and units sold of each product. A regression analysis was performed to predict monthly cost based on the number of units sold of each product. The regression model found a multiple R-squared value of 0.61, indicating the model can explain 61% of the variation in monthly cost. The regression equation for predicting monthly cost is Y= 35,475 + 5.321*X2 + 5.417*X3, where X2 is the number of units of product B sold and X3 is the number of units of product C sold.

Uploaded by

api-437747826
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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Month Cost A Made B Made C Made SUMMARY OUTPUT

1 $44,439.00 515 541 928


2 $43,936.00 929 692 711 Regression Statistics
3 $44,464.00 800 710 824 Multiple R 0.8033987438
4 $41,533.00 979 675 758 R Square 0.6454495415
5 $46,343.00 1165 1147 635 Adjusted R Square 0.5745394498
6 $44,922.00 651 939 901 Standard Error 1252.7638975
7 $43,203.00 847 755 580 Observations 19
8 $43,000.00 942 908 589
9 $40,967.00 630 738 682 ANOVA
10 $48,582.00 1113 1175 1050 df
11 $45,003.00 1086 1075 984 Regression 3
12 $44,303.00 843 640 828 Residual 15
13 $42,070.00 500 752 708 Total 18
14 $44,353.00 813 989 804
15 $45,968.00 1190 823 904 Coefficients
16 $47,781.00 1200 1108 1120 Intercept 35102.900449
17 $43,202.00 731 590 1065 A Made 2.065953296
18 $44,074.00 1089 607 1132 B Made 4.1763555311
19 $44,610.00 786 513 839 C Made 4.7906410373

SUMMARY OUTPUT

Regression Statistics
Predicted Monthly Cost For: Multiple R 0.7804212316
R Square 0.6090572988
X1 Model A 1200 Adjusted R Square 0.5601894611
X2 Model B 800 Standard Error 1273.7153906
X3 Model C 1000 Observations 19

ANOVA
df
Y= Constant + B1*(X1) + B2*(X2) + B3*(X3) Regression 2
Residual 16
45149.21 Total 18

Coefficients
Intercept 35475.302554
B Made 5.3209680769
C Made 5.4171378483
SS MS F Significance F
42856229.886804 14285410 9.1023650669 0.0011265321
23541260.744775 1569417
66397490.631579

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
1837.2269111864 19.10646 6.111984E-12 31186.943984 39018.856914 31186.9439838 39018.85691
1.6649817792 1.240826 0.2337268203 -1.482871361 5.6147779526 -1.4828713606 5.614777953
1.6812525655 2.484074 0.0252877855 0.5928505143 7.7598605479 0.5928505143 7.759860548
1.7893161071 2.677359 0.0172226428 0.976804034 8.6044780405 0.976804034 8.604478041

SS MS F Significance F
40439876.28956 20219938 12.463356842 0.0005456383
25957614.342019 1622351
66397490.631579

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
1842.8608525773 19.25013 1.723455E-12 31568.612067 39381.993041 31568.6120665 39381.99304
1.4290954756 3.723312 0.0018490655 2.2914210051 8.3505151488 2.2914210051 8.350515149
1.7453116457 3.103823 0.0068250075 1.7172424418 9.1170332547 1.7172424418 9.117033255

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