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Pizza Demand

A multiple regression analysis was conducted to predict sales quantity based on pizza price, tuition, ice cream price, soft drink price, and location. The multiple R was 0.852, R Square was 0.725, and the adjusted R Square was 0.668, indicating that approximately 67% of the variability in sales quantity is explained by the regression model. The ANOVA table shows that the regression model is statistically significant (F=12.67, p<0.001). Of the five predictors, pizza price, ice cream price, and soft drink price were statistically significant predictors of sales quantity.

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Ankit Kumar Singh
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34 views3 pages

Pizza Demand

A multiple regression analysis was conducted to predict sales quantity based on pizza price, tuition, ice cream price, soft drink price, and location. The multiple R was 0.852, R Square was 0.725, and the adjusted R Square was 0.668, indicating that approximately 67% of the variability in sales quantity is explained by the regression model. The ANOVA table shows that the regression model is statistically significant (F=12.67, p<0.001). Of the five predictors, pizza price, ice cream price, and soft drink price were statistically significant predictors of sales quantity.

Uploaded by

Ankit Kumar Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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SUMMARY OUTPUT

Regression Statistics
Multiple R 0.852
R Square 0.725
Adjusted R Square 0.668
Standard Error 1.648
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 172.1557 34.43115 12.67192 4.3239E-06
Residual 24 65.21093 2.717122
Total 29 237.3667

Coefficients
Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%
Intercept 26.380 3.302 7.989 0.000 19.565 33.195 19.565
pizzap -0.089 0.018 -4.878 0.000 -0.126 -0.051 -0.126
tution 0.149 0.088 1.698 0.102 -0.032 0.330 -0.032
Icecrmp -0.03 0.013 -2.079 0.048 -0.053 0.000 -0.053
softdp -0.02 0.017 -1.138 0.266 -0.055 0.016 -0.055
location -0.464 0.900 -0.516 0.610 -2.321 1.392 -2.321
Upper 95.0%
33.195
-0.051
0.330
0.000
0.016
1.392
qty pizzap tution Icecrmp softdp location
10 100 14 200 200 1
12 100 16 190 95 1
13 90 8 220 110 1
14 95 7 180 90 1
9 110 11 200 100 0
8 125 5 200 100 0
4 125 12 250 125 1
3 150 10 300 150 0
15 80 18 200 100 1
12 80 12 180 90 1
13 90 6 160 80 1
14 100 5 150 75 1
12 100 12 200 100 1
10 110 10 262 125 0
10 125 14 262 130 0
12 110 15 160 80 1
11 150 16 180 90 0
12 100 12 190 95 1
10 150 12 200 100 0
8 150 10 180 90 0
9 150 13 190 95 0
10 125 15 200 100 1
11 125 16 190 95 1
12 100 17 200 100 0
13 75 10 200 100 1
10 100 12 220 110 1
9 110 6 250 125 0
8 125 10 180 90 0
8 150 8 160 80 0
5 150 10 190 95 0

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