Scribd
Upload
39 views6 pages

Problem 1: Regression Statistics

The regression model found a strong relationship between sales data and predictor variables like cart notices, coupons, and price reductions. The R and R-square values were above 80%, indicating the model explained over 80% of the variation in sales. Both cart notices and price reductions had significant effects on sales according to the analysis of variance results. The model can be used to predict sales based on giving customers cart notices and coupons or having price reductions.

Uploaded by

SAURABH SINGH
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
39 views6 pages

Problem 1: Regression Statistics

The regression model found a strong relationship between sales data and predictor variables like cart notices, coupons, and price reductions. The R and R-square values were above 80%, indicating the model explained over 80% of the variation in sales. Both cart notices and price reductions had significant effects on sales according to the analysis of variance results. The model can be used to predict sales based on giving customers cart notices and coupons or having price reductions.

Uploaded by

SAURABH SINGH
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
You are on page 1/ 6

Data

Chapter 8
Problem 1

Price
Cart Reduction Cart
Week Notice? Coupon? ? Notice? Coupon Sales
1 Yes Yes 0 1 1 36 SUMMARY OUTPUT
2 Yes Yes 1 1 1 38
3 Yes Yes 2 1 1 40 Regression Statistics
4 Yes No 0 1 0 40 Multiple R
5 Yes No 1 1 0 42 R Square
6 Yes No 2 1 0 44 Adjusted R Square
7 No Yes 0 0 1 12 Standard Error
8 No Yes 1 0 1 20 Observations
9 No Yes 2 0 1 30
10 No No 0 0 0 8 ANOVA
11 No No 1 0 0 16
12 No No 2 0 0 33 Regression
Residual
Total

Intercept
Cart Notice?
Coupon
Price Reduction?

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.938886
R Square 0.881507
Adjusted R 0.855175
Standard E 4.80403
Observatio 12

ANOVA
df SS MS F
Regression 2 1545.208 772.6042 33.4769307923771
Residual 9 207.7083 23.0787
Total 11 1752.917

Coefficients
Standard Error t Stat P-value
Intercept 13.45833 2.594473 5.18731 0.000573709020161
Price Redu 6.375 1.698481 3.753354 0.004531187646906

Page 1
Data

Cart Notic 20.16667 2.773608 7.270915 4.709210125016E-05

Page 2
Data

egression Statistics
0.9401257698
0.883836463 The model has good R and r square which is above 80%. There
0.8402751367
5.0451090177
12

df SS MS F Significance F
3 1549.29166667 516.43055555556 20.28948 0.000427
8 203.625 25.453125
11 1752.91666667

Coefficients Standard Error t Stat P-value Lower 95%Upper 95% Lower 95.0%
Upper 95.0%
14.041666667 3.08948569749 4.5449851663243 0.001887 6.9173 21.16603 6.9173 21.16603
20.166666667 2.91279504943 6.9234760168224 0.000122 13.44975 26.88358 13.44975 26.88358
-1.166666667 2.91279504943 -0.400531670395 0.699248 -7.883584 5.550251 -7.883584 5.550251
6.375 1.7837153991 3.5740006523479 0.007251 2.261745 10.48826 2.261745 10.48826

Sales Prediction

Cart notice Price Reduction ? Coupon Sales


Yes 1 Yes 40

Significance F
6.786048E-05

Lower 95% Upper 95% Lower 95.0% Upper 95.0%


7.5892283361 19.3274383306 7.5892283360516 19.32744
2.5327688698 10.2172311302 2.532768869759 10.21723

Page 3
Data

13.892329505 26.4410038286 13.892329504715 26.441

Page 4
Data

quare which is above 80%. There's also a considerable significance of Cart Notice and Price Reduction in the overall sales.

Upper 95.0%

Page 5
Data

overall sales.

Page 6

You might also like