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Economics Ass

This document presents the results of a regression analysis examining the relationship between quantity (Y) and four predictor variables: price of pizza (X1), tuition (X2), price of soft drinks (X3), and location (X4). The regression model has a multiple R of 0.85, R-square of 0.72, and is statistically significant. Price of pizza, price of soft drinks, and location are statistically significant predictors of quantity, while tuition is not a significant predictor.

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ankur.arora
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45 views7 pages

Economics Ass

This document presents the results of a regression analysis examining the relationship between quantity (Y) and four predictor variables: price of pizza (X1), tuition (X2), price of soft drinks (X3), and location (X4). The regression model has a multiple R of 0.85, R-square of 0.72, and is statistically significant. Price of pizza, price of soft drinks, and location are statistically significant predictors of quantity, while tuition is not a significant predictor.

Uploaded by

ankur.arora
Copyright
© Attribution Non-Commercial (BY-NC)
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
0.85
R Square
0.72
Adjusted R Square
0.67
Standard Error 1.64
Observations
30
ANOVA
df
Regression
Residual
Total

4
25
29

SS
170.09
67.28
237.37

Coefficients
Standard Errort
Intercept
26.67
3.28
X1
-0.09
0.02
X2
0.14
0.09
X3
-0.08
0.02
X4
-0.54
0.88

MS
42.52
2.69

F Significance F
15.8
0

Stat
P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
8.13
0
19.92
33.42
19.92
33.42
-4.86
0
-0.12
-0.05
-0.12
-0.05
1.6
0.12
-0.04
0.32
-0.04
0.32
-3.95
0
-0.12
-0.04
-0.12
-0.04
-0.62
0.54
-2.37
1.28
-2.37
1.28

pper 95.0%

26.57
-8.7
1.93
1.06
-8.35
0
12.5

0.07

college
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

y
10
12
13
14
9
8
4
3
15
12
13
14
12
10
10
12
11
12
10
8
9
10
11
12
13
10
9
8
8
5

ln y
2.3
2.48
2.56
2.64
2.2
2.08
1.39
1.1
2.71
2.48
2.56
2.64
2.48
2.3
2.3
2.48
2.4
2.48
2.3
2.08
2.2
2.3
2.4
2.48
2.56
2.3
2.2
2.08
2.08
1.61

X1
100
100
90
95
110
125
125
150
80
80
90
100
100
110
125
110
150
100
150
150
150
125
125
100
75
100
110
125
150
150

ln X1
4.61
4.61
4.5
4.55
4.7
4.83
4.83
5.01
4.38
4.38
4.5
4.61
4.61
4.7
4.83
4.7
5.01
4.61
5.01
5.01
5.01
4.83
4.83
4.61
4.32
4.61
4.7
4.83
5.01
5.01

X2
14
16
8
7
11
5
12
10
18
12
6
5
12
10
14
15
16
12
12
10
13
15
16
17
10
12
6
10
8
10

Ln X2
2.64
2.77
2.08
1.95
2.4
1.61
2.48
2.3
2.89
2.48
1.79
1.61
2.48
2.3
2.64
2.71
2.77
2.48
2.48
2.3
2.56
2.71
2.77
2.83
2.3
2.48
1.79
2.3
2.08
2.3

X3
100
95
110
90
100
100
125
150
100
90
80
75
100
125
130
80
90
95
100
90
95
100
95
100
100
110
125
90
80
95

Ln X3
4.61
4.55
4.7
4.5
4.61
4.61
4.83
5.01
4.61
4.5
4.38
4.32
4.61
4.83
4.87
4.38
4.5
4.55
4.61
4.5
4.55
4.61
4.55
4.61
4.61
4.7
4.83
4.5
4.38
4.55

X4
1
1
1
1
0
0
1
0
1
1
1
1
1
0
0
1
0
1
0
0
0
1
1
0
1
1
0
0
0
0

Y1 = Quantity
X1 = price of pizza
X2 = tuition
X3 = price of soft drinks
X4 = location

Price=100

SUMMARY OUTPUT
Regression Statistics
Multiple R
0.81
R Square
0.66
Adjusted R Square
0.6
Standard Error 0.23
Observations
30
ANOVA
df
Regression
Residual
Total

4
25
29

SS
2.49
1.3
3.79

MS
0.62
0.05

F Significance F
11.94
0

Coefficients
Standard Errort Stat
P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
Intercept
13.29
1.99
6.69
0
9.2
17.38
9.2
17.38
ln X1
-1.27
0.29
-4.42
0
-1.86
-0.68
-1.86
-0.68
Ln X2
0.19
0.12
1.53
0.14
-0.07
0.44
-0.07
0.44
Ln X3
-1.18
0.29
-4.1
0
-1.77
-0.59
-1.77
-0.59
X4
-0.14
0.12
-1.16
0.26
-0.39
0.11
-0.39
0.11

pper 95.0%

ln y

ln X1
2.3
2.48
2.56
2.64
2.2
2.08
1.39
1.1
2.71
2.48
2.56
2.64
2.48
2.3
2.3
2.48
2.4
2.48
2.3
2.08
2.2
2.3
2.4
2.48
2.56
2.3
2.2
2.08
2.08
1.61

4.61
4.61
4.5
4.55
4.7
4.83
4.83
5.01
4.38
4.38
4.5
4.61
4.61
4.7
4.83
4.7
5.01
4.61
5.01
5.01
5.01
4.83
4.83
4.61
4.32
4.61
4.7
4.83
5.01
5.01

Ln X2
Ln X3
X4
2.64
4.61
2.77
4.55
2.08
4.7
1.95
4.5
2.4
4.61
1.61
4.61
2.48
4.83
2.3
5.01
2.89
4.61
2.48
4.5
1.79
4.38
1.61
4.32
2.48
4.61
2.3
4.83
2.64
4.87
2.71
4.38
2.77
4.5
2.48
4.55
2.48
4.61
2.3
4.5
2.56
4.55
2.71
4.61
2.77
4.55
2.83
4.61
2.3
4.61
2.48
4.7
1.79
4.83
2.3
4.5
2.08
4.38
2.3
4.55

1
1
1
1
0
0
1
0
1
1
1
1
1
0
0
1
0
1
0
0
0
1
1
0
1
1
0
0
0
0

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