Priceandads
Priceandads
Regression Statistics
Multiple R 0.9969245307
R Square 0.9938585199
Adjusted R Square 0.9936653916 Price^2 has high p value so delete it and rerun analysis
Standard Error 135.27640873
Observations 165
ANOVA
df SS MS F Significance F
Regression 5 470861057.692 94172212 5146.105 7.9582286E-174
Residual 159 2909653.374698 18299.707
Total 164 473770711.0667
Regression Statistics
Multiple R 0.970534
R Square 0.941937
Adjusted R 0.940855
Standard E 413.3536
Observatio 165
ANOVA
df SS MS F Significance F
Regression 3 4.46E+08 1.49E+08 870.6131 3.08E-99
Residual 161 27508658 170861.2
Total 164 4.74E+08
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 24998.68 201.8809 123.8289 1.38E-161 24600 25397.35 24600 25397.35
Price -112.4146 29.45176 -3.816906 0.000192 -170.5762 -54.25303 -170.5762 -54.25303
Ad 180.7063 28.93603 6.245026 3.622E-09 123.5632 237.8494 123.5632 237.8494
A*P -75.4171 4.354207 -17.32051 1.292E-38 -84.01582 -66.81838 -84.01582 -66.81838
RESIDUAL OUTPUT
Observation
Predicted Sales
Residuals
1 23676.73 -831.7306
2 20002.57 414.4344
3 23847.47 -86.4672
4 23097.47 -423.474
5 22475.71 306.2914
6 23847.47 -40.4672
7 18713.35 210.6505
8 21496.71 358.2916
9 21580.67 168.327
10 23097.47 -414.474
11 21334.43 -366.4308
12 22727.6 -525.6025
13 22965.21 275.7913
14 18713.35 290.6505
15 24428.06 -450.0573
16 20295.69 201.3136
17 22492.8 -170.8036
18 22408.84 219.161
19 20433.74 617.2564
20 24524.8 -9.798976
21 22727.6 -601.6025
22 22276.43 -135.4335
23 20500.61 650.3868
24 22472.81 85.18733
25 21434.07 299.9317
26 21878.02 258.9766
27 23061.95 306.0497
28 24342.62 229.3811
29 23651.09 80.91202
30 24388.16 328.8361
31 21140.95 477.0525
32 24251.53 94.47114
33 24160.44 -119.4388
34 18139.88 -71.88474
35 23676.73 -856.7306
36 22831.47 10.53047
37 22693.41 472.5876
38 20500.61 478.3868
39 22990.85 -491.8513
40 20500.61 525.3868
41 24388.16 210.8361
42 24240.23 -564.2256
43 22421.62 433.384
44 21580.67 175.327
45 20433.74 542.2564
46 22727.6 -616.6025
47 21334.43 -296.4308
48 22693.41 356.5876
49 23702.28 351.7154
50 21781.28 402.7182
51 24307.1 -283.0952
52 24615.89 -360.889
53 24240.23 -605.2256
54 19860.28 672.7211
55 24615.89 -302.889
56 24570.34 -223.344
57 24160.44 -58.43883
58 24570.34 -88.34399
59 16992.96 -1193.955
60 21606.23 -9.227085
61 22492.8 -42.80364
62 19450.43 -472.4254
63 20739.64 -52.6415
64 20739.64 33.3585
65 23454.71 226.2912
66 22727.6 -536.6025
67 24065.17 178.829
68 22408.84 208.161
69 22693.41 445.5876
70 22276.43 -122.4335
71 23339.4 24.60174
72 22822.92 119.078
73 21606.23 32.77291
74 22128.5 504.5048
75 22865.57 279.4289
76 23339.4 44.60174
77 22727.6 -495.6025
78 22669.19 150.8081
79 18713.35 136.6505
80 24297.07 329.9261
81 23864.56 -773.5623
82 24307.1 -273.0952
83 22822.92 179.078
84 20045.21 -699.2147
85 23864.56 -737.5623
86 24297.07 210.9261
87 23847.47 16.5328
88 19450.43 -396.4254
89 22727.6 -549.6025
90 23651.09 210.912
91 21986.21 352.7915
92 20998.66 581.3392
93 23170.14 -56.13542
94 21334.43 -268.4308
95 23864.56 -738.5623
96 22276.43 -283.4335
97 22669.19 282.8081
98 23823.25 409.7533
99 20002.57 343.4344
100 24388.16 269.8361
101 21434.07 449.9317
102 22128.5 481.5048
103 22727.6 -495.6025
104 19006.47 -159.4703
105 20392.43 -283.4281
106 21062.63 -731.6344
107 23454.71 258.2912
108 21496.71 386.2916
109 23339.4 120.6017
110 20718.32 374.6831
111 22472.81 122.1873
112 23460.36 191.6396
113 19286.81 403.1858
114 23454.71 360.2912
115 21334.43 -332.4308
116 21140.95 520.0525
117 20998.66 573.3392
118 22492.8 -126.8036
119 22080.05 -450.0542
120 21878.02 227.9766
121 22408.84 234.161
122 24428.06 -477.0573
123 23508.8 -105.8013
124 24307.1 -248.0952
125 23780.6 -393.5976
126 21878.02 154.9766
127 20392.43 -390.4281
128 22080.05 -564.0542
129 22408.84 163.161
130 22408.84 143.161
131 22475.71 451.2914
132 22965.21 257.7913
133 24615.89 -328.889
134 24524.8 75.20102
135 22080.05 -563.0542
136 23258.33 413.6705
137 21878.02 155.9766
138 20002.57 461.4344
139 22154.14 -147.1378
140 18010.38 -1053.375
141 23254.1 -514.1
142 22472.81 103.1873
143 24205.98 51.01615
144 18010.38 -1185.375
145 21062.63 -599.6344
146 21606.23 -65.22709
147 21496.71 387.2916
148 21496.71 550.2916
149 23944.21 325.7911
150 23944.21 303.7911
151 22831.47 -94.46953
152 22965.21 305.7913
153 22408.84 244.161
154 24342.62 233.3811
155 19027.79 -932.7949
156 24043.85 -228.8464
157 22475.71 410.2914
158 23454.71 388.2912
159 20433.74 612.2564
160 20295.69 248.3136
161 21062.63 -678.6344
162 21334.43 -204.4308
163 23061.95 433.0497
164 18713.35 155.6505
165 23702.28 240.7154
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.99692441924
R Square 0.99385829768 All ind variables have low p value so use this equation to predict sales
Adjusted R Squar 0.99370475512 Ads have nonlinear effect and Price and ads interact.
Standard Error 134.855447502 At higher price ads have less effect on sales
Observations 165
ANOVA
df SS MS F Significance F
Regression 4 470860952.391 117715238.098 6472.85228676 9.3098708E-176
Residual 160 2909758.67535 18185.9917209
Total 164 473770711.067
Regression Statistics
0.970534
0.941937
0.940855
413.3536
165
df SS MS F Significance F
3 4.46E+08 1.49E+08 870.6131 3.08E-99
161 27508658 170861.2
164 4.74E+08
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
24998.68 201.8809 123.8289 1.38E-161 24600 25397.35 24600 25397.35
-112.4146 29.45176 -3.816906 0.000192 -170.5762 -54.25303 -170.5762 -54.25303
180.7063 28.93603 6.245026 3.622E-09 123.5632 237.8494 123.5632 237.8494
-75.4171 4.354207 -17.32051 1.292E-38 -84.01582 -66.81838 -84.01582 -66.81838
RESIDUAL OUTPUT
Predicted Sales
Residuals
23676.73 -831.7306
20002.57 414.4344
23847.47 -86.4672
23097.47 -423.474
22475.71 306.2914
23847.47 -40.4672
18713.35 210.6505
21496.71 358.2916
21580.67 168.327
23097.47 -414.474
21334.43 -366.4308
22727.6 -525.6025
22965.21 275.7913
18713.35 290.6505
24428.06 -450.0573
20295.69 201.3136
22492.8 -170.8036
22408.84 219.161
20433.74 617.2564
24524.8 -9.798976
22727.6 -601.6025
22276.43 -135.4335
20500.61 650.3868
22472.81 85.18733
21434.07 299.9317
21878.02 258.9766
23061.95 306.0497
24342.62 229.3811
23651.09 80.91202
24388.16 328.8361
21140.95 477.0525
24251.53 94.47114
24160.44 -119.4388
18139.88 -71.88474
23676.73 -856.7306
22831.47 10.53047
22693.41 472.5876
20500.61 478.3868
22990.85 -491.8513
20500.61 525.3868
24388.16 210.8361
24240.23 -564.2256
22421.62 433.384
21580.67 175.327
20433.74 542.2564
22727.6 -616.6025
21334.43 -296.4308
22693.41 356.5876
23702.28 351.7154
21781.28 402.7182
24307.1 -283.0952
24615.89 -360.889
24240.23 -605.2256
19860.28 672.7211
24615.89 -302.889
24570.34 -223.344
24160.44 -58.43883
24570.34 -88.34399
16992.96 -1193.955
21606.23 -9.227085
22492.8 -42.80364
19450.43 -472.4254
20739.64 -52.6415
20739.64 33.3585
23454.71 226.2912
22727.6 -536.6025
24065.17 178.829
22408.84 208.161
22693.41 445.5876
22276.43 -122.4335
23339.4 24.60174
22822.92 119.078
21606.23 32.77291
22128.5 504.5048
22865.57 279.4289
23339.4 44.60174
22727.6 -495.6025
22669.19 150.8081
18713.35 136.6505
24297.07 329.9261
23864.56 -773.5623
24307.1 -273.0952
22822.92 179.078
20045.21 -699.2147
23864.56 -737.5623
24297.07 210.9261
23847.47 16.5328
19450.43 -396.4254
22727.6 -549.6025
23651.09 210.912
21986.21 352.7915
20998.66 581.3392
23170.14 -56.13542
21334.43 -268.4308
23864.56 -738.5623
22276.43 -283.4335
22669.19 282.8081
23823.25 409.7533
20002.57 343.4344
24388.16 269.8361
21434.07 449.9317
22128.5 481.5048
22727.6 -495.6025
19006.47 -159.4703
20392.43 -283.4281
21062.63 -731.6344
23454.71 258.2912
21496.71 386.2916
23339.4 120.6017
20718.32 374.6831
22472.81 122.1873
23460.36 191.6396
19286.81 403.1858
23454.71 360.2912
21334.43 -332.4308
21140.95 520.0525
20998.66 573.3392
22492.8 -126.8036
22080.05 -450.0542
21878.02 227.9766
22408.84 234.161
24428.06 -477.0573
23508.8 -105.8013
24307.1 -248.0952
23780.6 -393.5976
21878.02 154.9766
20392.43 -390.4281
22080.05 -564.0542
22408.84 163.161
22408.84 143.161
22475.71 451.2914
22965.21 257.7913
24615.89 -328.889
24524.8 75.20102
22080.05 -563.0542
23258.33 413.6705
21878.02 155.9766
20002.57 461.4344
22154.14 -147.1378
18010.38 -1053.375
23254.1 -514.1
22472.81 103.1873
24205.98 51.01615
18010.38 -1185.375
21062.63 -599.6344
21606.23 -65.22709
21496.71 387.2916
21496.71 550.2916
23944.21 325.7911
23944.21 303.7911
22831.47 -94.46953
22965.21 305.7913
22408.84 244.161
24342.62 233.3811
19027.79 -932.7949
24043.85 -228.8464
22475.71 410.2914
23454.71 388.2912
20433.74 612.2564
20295.69 248.3136
21062.63 -678.6344
21334.43 -204.4308
23061.95 433.0497
18713.35 155.6505
23702.28 240.7154