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This document contains the results of a linear regression analysis predicting sales based on the number of salespeople. The regression was statistically significant with an R-squared value of 0.66, indicating the number of salespeople explains approximately 66% of the variation in sales. The standard error of the regression is 12.31. The analysis finds that for every additional salesperson, predicted sales increase by 3.47 units on average, with a standard error of 0.66. Residual plots show the data generally conforms to the assumptions of the linear regression model.

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erwin satina
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39 views6 pages

Asda

This document contains the results of a linear regression analysis predicting sales based on the number of salespeople. The regression was statistically significant with an R-squared value of 0.66, indicating the number of salespeople explains approximately 66% of the variation in sales. The standard error of the regression is 12.31. The analysis finds that for every additional salesperson, predicted sales increase by 3.47 units on average, with a standard error of 0.66. Residual plots show the data generally conforms to the assumptions of the linear regression model.

Uploaded by

erwin satina
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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Sales No.

of salesperson Predicted sales Error


27 2 16.9862716763006 -10.0137283 slope
98 20 79.4660404624277 -18.5339595 intercept
49 19 75.9949421965318 26.9949422
55 16 65.5816473988439 10.5816474 Error
69 17 69.0527456647399 0.05274566 RSQ
43 10 44.7550578034682 1.7550578
61 16 65.5816473988439 4.5816474 Standard error
49 13 55.1683526011561 6.1683526 2 S.D. Error
84 17 69.0527456647399 -14.9472543
62 13 55.1683526011561 -6.8316474
31 9 41.2839595375723 10.2839595
55 11 48.2261560693642 -6.77384393
82 18 72.5238439306358 -9.47615607
93 21 82.9371387283237 -10.0628613
58 15 62.110549132948 4.11054913
50 15 62.110549132948 12.1105491

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.813990299077244
R Square 0.662580206991861
Adjusted R Square 0.638478793205565
Standard Error 12.3142222730437
Observations 16

ANOVA
df SS MS F
Regression 1 4168.78902 4168.789 27.49134
Residual 14 2122.96098 151.6401
Total 15 6291.75

Coefficients Standard Error t Stat P-value


Intercept 10.0440751445087 10.080821 0.996355 0.335988
No. of salesperson 3.47109826589595 0.66201669 5.243219 0.000124

RESIDUAL OUTPUT

Observation Predicted Sales Residuals


Standard Residuals
1 16.9862716763006 10.0137283 0.841725
2 79.4660404624277 18.5339595 1.557912
3 75.9949421965318 -26.9949422 -2.269118
4 65.5816473988439 -10.5816474 -0.889463
5 69.0527456647399 -0.05274566 -0.004434
6 44.7550578034682 -1.7550578 -0.147525
7 65.5816473988439 -4.5816474 -0.38512
8 55.1683526011561 -6.1683526 -0.518494
9 69.0527456647399 14.9472543 1.256423
10 55.1683526011561 6.8316474 0.574249
11 41.2839595375723 -10.2839595 -0.86444
12 48.2261560693642 6.77384393 0.56939
13 72.5238439306358 9.47615607 0.796539
14 82.9371387283237 10.0628613 0.845855
15 62.110549132948 -4.11054913 -0.345521
16 62.110549132948 -12.1105491 -1.017978
3.4710982659
10.044075145

-2.842171E-14
0.662580207

Standard error 12.31422


2 S.D. Error 24.62844

No. of salesperson Residual Plot


30
20
10
Residuals

0
0 5 10 15 20 2
-10
-20
-30
No. of salesperson
Significance F
0.0001243746
No. of salesperson Line Fit Plot
120
Lower 95% Upper 95%Lower 95.0%Upper 95.0%
-11.5771355 31.66529 -11.57714 31.66529 100

2.0512136804 4.890983 2.051214 4.890983 80


Sales
60
Sales

Predicted Sa
40

20

0
0 5 10 15 20 25
No. of salesperson
20

0
0 5 10 15 20 25
No. of salesperson
sidual Plot

20 25

ne Fit Plot

Sales
Predicted Sales

0 25
0 25

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