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Lab 7 Problem 1 Data

The document shows the results of a regression analysis conducted on 57 observations to model the relationship between distance (both paved and unpaved) and the rate received for bids. It finds that the multiple R and adjusted R square values indicate the regression model fits the data well. Distance paved and unpaved are statistically significant predictors of rate with p-values less than 0.05.

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0% found this document useful (0 votes)
75 views7 pages

Lab 7 Problem 1 Data

The document shows the results of a regression analysis conducted on 57 observations to model the relationship between distance (both paved and unpaved) and the rate received for bids. It finds that the multiple R and adjusted R square values indicate the regression model fits the data well. Distance paved and unpaved are statistically significant predictors of rate with p-values less than 0.05.

Uploaded by

BezaDemissie
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 0.710937
R Square 0.505431
Adjusted R Square 0.496439
Standard Error 263.6859
Observations 57

ANOVA
df SS MS F Significance F
Regression 1 3908160 3908160 56.20805 5.781E-10
Residual 55 3824164 69530.25
Total 56 7732324

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 274.6372 73.01536 3.761362 0.000412 128.3112 420.9633 128.3112 420.9633
rate 0.519796 0.069332 7.497203 5.781E-10 0.380852 0.658741 0.380852 0.658741
Upper 95.0%
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.81954
R Square 0.671646
Adjusted R Squar 0.659484
Standard Error 296.5702
Observations 57

ANOVA
df SS MS F Significance F
Regression 2 9715075 4857537 55.22823 8.735E-14
Residual 54 4749510 87953.89
Total 56 14464584

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 130.2349 90.36236 1.441252 0.155288 -50.93072 311.4005 -50.93072 311.4005
distance_paved 0.845545 0.109376 7.7306 2.688E-10 0.626259 1.064832 0.626259 1.064832
distance_unpave 1.680076 0.17233 9.749167 1.668E-13 1.334575 2.025577 1.334575 2.025577
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.873661
R Square 0.763283
Adjusted R Square 0.749884
Standard Error 254.1732
Observations 57

ANOVA
df SS MS F Significance F
Regression 3 11040571 3680190 56.96534 1.352E-16
Residual 53 3424014 64604.03
Total 56 14464584

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 514.012 114.7877 4.477935 4.043E-05 283.777 744.2471 283.777 744.2471
distance_paved 0.804748 0.094172 8.545519 1.52E-11 0.615863 0.993633 0.615863 0.993633
distance_unpaved 1.361512 0.163584 8.322998 3.423E-11 1.033403 1.689621 1.033403 1.689621
number_bids -17.04166 3.762292 -4.529596 3.392E-05 -24.58786 -9.49546 -24.58786 -9.49546
Upper 95.0%
distance rate distance_paved distance_unpaved number_bids
1117.6 1970.0 987.3 130.3 12
1498.3 1970.0 812.9 685.4 8
963.1 1970.0 87.6 875.5 10
1413.6 1950.0 1283.0 130.6 9
686.9 1700.0 0.0 686.9 6
1580.5 1690.0 1414.1 166.4 13
1567.9 1689.8 982.7 585.2 7
933.2 1685.9 896.1 37.0 12
631.3 1650.0 175.4 455.9 7
920.9 1460.0 0.0 920.9 8
564.3 1450.0 178.3 386.0 7
961.5 1450.0 177.9 783.5 10
1335.0 1270.0 1168.7 166.4 13
1126.5 1270.0 1126.5 0.0 21
1017.3 1226.0 880.6 136.7 26
862.0 1205.0 338.0 524.0 16
977.2 1130.0 949.9 27.3 11
961.0 1113.0 832.5 128.6 26
736.8 1100.0 46.7 690.1 13
963.0 1100.0 962.6 0.4 17
1126.3 1000.0 1112.7 13.6 15
521.1 990.0 338.0 183.1 7
1199.1 988.0 1199.1 0.0 10
1140.5 980.0 1140.5 0.0 15
1126.0 900.0 1112.9 13.1 18
1063.1 900.0 1062.4 0.7 21
846.6 900.0 262.2 584.4 16
669.4 890.0 669.4 0.0 10
414.2 890.0 337.6 76.6 14
408.8 800.0 338.0 70.8 7
327.9 750.0 126.4 201.5 10
604.3 749.0 486.3 118.0 19
637.1 748.0 636.8 0.3 22
615.6 740.0 615.3 0.3 18
761.2 680.0 761.2 0.0 20
709.0 680.0 589.1 119.8 22
795.5 680.0 540.6 254.9 27
641.3 674.5 641.3 0.0 22
784.3 630.0 784.3 0.0 23
230.1 560.0 159.8 70.3 13
666.9 550.0 666.9 0.0 28
518.5 550.0 276.4 242.1 16
272.6 550.0 126.4 146.2 10
367.6 550.0 90.8 276.8 12
934.6 469.8 933.9 0.7 22
679.8 450.0 666.9 12.9 23
558.0 450.0 219.4 338.6 22
245.7 450.0 175.4 70.3 9
721.2 394.9 720.5 0.7 48
934.6 383.0 933.9 0.7 39
468.6 319.4 468.6 0.0 58
531.3 300.0 276.4 254.9 19
159.8 290.0 159.8 0.0 23
116.0 290.0 36.4 79.7 15
120.4 190.0 120.4 0.0 23
107.3 190.0 107.3 0.0 21
213.3 159.0 213.3 0.0 38

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