Sales Price Mileage Top speed

Cars
(in 1,000 units) (in lakh rupees) (Km/ltr) (Km/hr)

Rocinante 1 171.877 6.1 15.8 168.2

Rocinante 2 139.796 6.1 12.1 149.6
Rocinante 3 178.947 9.9 17 173.4
Rocinante 4 140.022 5.8 11.6 170.6
Rocinante 5 186.476 10 17.2 175
Rocinante 6 192.123 6.5 17.6 173.1
Rocinante 7 175.085 5.5 16 184.6
Rocinante 8 146.882 8.4 13 175.7
Rocinante 9 202.847 6.6 19.3 166.7
Rocinante 10 149.933 8.8 13.3 175.4
Rocinante 11 171.579 9.5 15.8 150.9
Rocinante 12 201.512 9.2 19.2 140.5
Rocinante 13 142.604 8.1 11.7 150.2
Rocinante 14 135.158 5.4 11.2 146.2
Rocinante 15 107.322 5.6 7.8 151.2
Rocinante 16 199.699 6.3 19 143.2
Rocinante 17 202.875 5.8 19.7 178.9
Rocinante 18 204.406 7.7 19.5 168.2

Rocinante 19 107.331 7.2 7.5 164.7

Rocinante 20 190.345 8.4 18.1 182.7
Rocinante 21 108.419 8.4 7.9 165.7
Rocinante 22 150.249 5.7 12.6 137
Rocinante 23 155.882 5.5 12.9 173.9
Rocinante 24 100.98 8.4 7.6 165.1
Rocinante 25 182.679 5.6 16.7 160.1
Rocinante 26 166.752 9.9 15.5 155.6
Rocinante 27 121.561 6.2 9.5 155.4
Rocinante 28 174.256 9.9 16.3 161.9
Rocinante 29 119.018 6.5 9.1 146.8
Rocinante 30 169.842 7.1 15.3 149.5
Rocinante 31 198.311 9.6 19.1 146.5
Rocinante 32 204.875 5.8 19.4 178.9
Rocinante 33 119.561 6.2 9.4 175.4
Rocinante 34 203.875 5.9 19.4 175.9
Rocinante 35 118.561 6.1 9.4 165.4

Ans 8
Rocinannte Model Rocinante36
Old Adjusted R-
square Value 0.995356039
 New Adjusted R-
square value 0.995447556

Regression data is given in the right side of this

sheet for new adjusted R square value
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9978806545
R Square 0.9957658006
Adjusted R Square 0.9953560394 Adjusted r square is .995 , that means this model is able to explain 99.5 percen
Standard Error 2.307791532
Observations 35

ANOVA
df SS MS F Significance F
Regression 3 38827.6180187 12942.54 2430.1122955 7.447271225761E-37
Residual 31 165.102954406 5.325902
Total 34 38992.7209731

Coefficients Standard Error t Stat P-value Lower 95%

Intercept 50.723127179 5.29210288471 9.584683 8.739024E-11 39.9298121861708
Price(in lakh rupees) -0.7950264409 0.25433307604 -3.125926 0.003833463 -1.31374216932884

Mileage(Km/ltr) 8.3063310924 0.10018130682 82.91298 5.783564E-38 8.10200997004517

Top speed (Km/hr) -0.018572564 0.03055823545 -0.607776 0.5477630261 -0.080896496089722

Ans 4
dependent variable (Y) Sales
independent variables Price,Mileage,Top speed
At 95% confidence levels ,if p value < .05 then that variable is significant
for Top speed ( p value> .05 ) So it is insignificant , can be ignored .
so the equation is
Sales = 50.7231271792463 -0.795026440875324*Price + 8.30633109237939*Mileage

Predicted Sales (in thousand units ) = 50.7231271792463 -0.795026440875324*7 + 8.30633109237939*22

Predicted sales in units =1000*(50.7231271792463 -0.795026440875324*7 + 8.30633109237939*22)
Predicted sales in units = 227897

Ans 5 Ans 7
Per unit profit margin = Per unit price - Per unit cost
Per unit profit margin =7-6 =1 Sales equation
Per unit profit margin =₹1 lakh

Overall Predicted Profit = (Profit per unit * Predicted sales in unit) old price
Overall Predicted Profit = 1*227897 new price

Overall Predicted Profit 227897 lakh Mileage

Predicted sales in
units according to
old price
Predicted sales in
units according to
old price

Predicted sales in
units according to
new price

Predicted sales in
units according to
new price

difference in sales
difference in sales
difference in sales
 Sales
Cars (in 1,000
units)
Rocinante 171.877
Rocinante 139.796
Rocinante 178.947
Rocinante 140.022
Rocinante 186.476
ble to explain 99.5 percent of the variations. Rocinante 192.123
Rocinante 175.085
Rocinante 146.882
Rocinante 202.847
Rocinante 149.933
Rocinante 171.579
Rocinante 201.512
Rocinante 142.604
Rocinante 135.158
Rocinante 107.322
Upper 95%Lower 95.0% Upper 95.0% significance Rocinante 199.699
61.51644 39.92981 61.5164421723217 significant(pvalue <.05) Rocinante 202.875
-0.276311 -1.313742 -0.276310712421805 significant(pvalue <.05) Rocinante 204.406

8.510652 8.10201 8.51065221471361 significant(pvalue <.05) Rocinante 107.331

0.043751 -0.080896 0.0437513681038242 not significant (pvalue > .05) Rocinante 190.345
Rocinante 108.419
Rocinante 150.249
Rocinante 155.882
Specifications Rocinante36 Rocinante 100.98
Price ₹7 lakh Rocinante 182.679
Manufacturing cost ₹6 lakh Rocinante 166.752
Mileage 22 km/litre Rocinante 121.561
Top speed 140 km/hr Rocinante 174.256
Rocinante 119.018
Rocinante 169.842
Rocinante 198.311
Rocinante 204.875
Rocinante 119.561
Rocinante 203.875
Rocinante 118.561

Sales = 50.7231271792463 -0.795026440875324*Price + 8.30633109237939*Mileage

₹7 lakh
₹8 lakh

22 KM/litre

=1000*(50.7231271792463 -0.795026440875324*7 + 8.30633109237939*22)

227897

=1000*(50.7231271792463 -0.795026440875324*8 + 8.30633109237939*22)

227102

(NewPredicted Sales - Old Predicted Sales)

227102-227897
-795
 Price
Mileage
(in lakh Answer 8
(Km/ltr)
rupees)
6.1 15.8 SUMMARY OUTPUT
6.1 12.1
9.9 17 Regression Statistics
5.8 11.6 Multiple R 0.997855
10 17.2 R Square 0.995715
6.5 17.6 Adjusted R 0.995448 This is increased than the old model adjusted r square (befo
5.5 16 Standard Er 2.284939
8.4 13 Observatio 35
6.6 19.3
8.8 13.3 ANOVA
9.5 15.8 df SS MS F Significance F
9.2 19.2 Regression 2 38825.65 19412.83 3718.258 1.29E-38
8.1 11.7 Residual 32 167.0703 5.220947
5.4 11.2 Total 34 38992.72
5.6 7.8
6.3 19 Coefficients
Standard Error t Stat P-value Lower 95%
Price
5.8 19.7 Intercept
(in lakh 47.77996 2.113441 22.60766 3.038E-21 43.47502
7.7 19.5 rupees) -0.782925 0.251042 -3.118705 0.003827 -1.294281
Mileage
7.2 7.5 (Km/ltr) 8.294466 0.097288 85.25689 2.603E-39 8.096297
8.4 18.1
8.4 7.9
5.7 12.6
5.5 12.9
8.4 7.6
5.6 16.7
9.9 15.5
6.2 9.5
9.9 16.3
6.5 9.1
7.1 15.3
9.6 19.1
5.8 19.4
6.2 9.4
5.9 19.4
6.1 9.4
odel adjusted r square (before removing insignificant variables)

Significance F

Upper 95%Lower 95.0%

Upper 95.0%
52.0849 43.47502 52.0849
-0.27157 -1.294281 -0.27157

8.492636 8.096297 8.492636

 Sales Price Mileage Top speed
Cars
(in 1,000 units) (in lakh rupees) (Km/ltr) (Km/hr)

Marengo 1 20.896 42.5 9.3 199.4

Marengo 2 31.048 36 9.7 235.2
Marengo 3 29.904 54.7 16.6 240.8
Marengo 4 28.792 42.7 11.7 232.5
Marengo 5 16.776 44.9 13.7 188.8
Marengo 6 18.928 35.5 9.6 184.2
Marengo 7 22.776 51.3 13.7 207.7
Marengo 8 36.824 30.4 12.6 249.5
Marengo 9 22.216 38.4 16.2 175.8
Marengo 10 35.456 32.2 9.6 245.6
Marengo 11 28.576 59.4 11.3 223.3
Marengo 12 33.648 50.8 13.6 240
Marengo 13 33.44 57.5 13.5 250
Marengo 14 34.912 44.6 11.1 247.4
Marengo 15 24.016 34.6 14.1 192
Marengo 16 20.992 56.4 13.4 201.2
Marengo 17 21.696 41.4 12.8 193.3

Marengo 18 17.832 53.7 16 202

Marengo 19 25.624 44.8 12.7 208.9
Marengo 20 21.92 32.4 13.6 176.9
Marengo 21 24.792 40.9 11.6 218.2
Marengo 22 22.256 44.1 11.4 190
Marengo 23 15.488 46.6 16.3 176.8
Marengo 24 21.64 31.4 14.5 178.9
Marengo 25 23.264 54.7 14.3 192.3
Marengo 26 19.328 37.9 9.4 184.1
Marengo 27 27.216 52.9 15.3 240.3
Marengo 28 23.096 42.7 15 192.1
Marengo 29 17.824 54.9 13.5 199
Marengo 30 19.144 44 11.8 181.1
Marengo 31 21.6 42.2 9.3 181.2

Ans 8
Marengo Model Marengo32
Old Adjusted R-
square Value 0.847875220080421
New Adjusted R-
square value 0.853091209
Regression data is given in the right side of this
sheet for new adjusted R square value
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.929025
R Square 0.863088
Adjusted R Square 0.847875 Adjusted r square is .8478 , that means this model is able to explain 84.8 percent of t
Standard Error 2.30673
Observations 31

ANOVA
df SS MS F Significance F
Regression 3 905.669817745 301.88993925 56.73551 8.7448816E-12
Residual 27 143.667138126 5.3210051158
Total 30 1049.33695587

Coefficients Standard Error t Stat P-value Lower 95% Upper 95%

Intercept -13.44765 4.45379402893 -3.019369284 0.005479 -22.586079391 -4.309218

Price(in lakh rupees) -0.186728 0.05543836326 -3.3682122113 0.002288 -0.3004782976 -0.072978

Mileage(Km/ltr) 0.041301 0.2066403011 0.1998699516 0.84308 -0.3826896887 0.465292
Top speed (Km/hr) 0.220802 0.01722315008 12.820052137 5.388E-13 0.1854626971 0.256141

Ans 4
dependent variable (Y) Sales
independent variables top speed,price,mileage
At 95% confidence levels ,if p value < .05 then that variable is significant
for mileage ( p value> .05 ) So it is insignificant , can be ignored .
so the equation is
Sales =-13.4476488883451-0.186728172116573*Price + 0.22080168203862*(Top speed)

Predicted Sales (in thousand units ) = ( -13.4476488883451- (0.186728172116573*41 )+ 0.22080168203862*210 )

Predicted sales in units = 1000( -13.4476488883451- (0.186728172116573*41 )+ 0.22080168203862*210 )
Predicted sales in units = 25265

Ans 5 Ans 7

Per unit profit margin = Per unit price - Per unit cost

Per unit profit margin =41-33 =8 Sales equation Sales =-13.447648888345

Per unit profit margin =₹8 lakh
Overall Predicted Profit = (Profit per unit * Predicted sales in unit) old price ₹41 lakh
Overall Predicted Profit = 8*25265 lakh new price ₹42 lakh
Overall Predicted Profit 202120 Top speed 210 km/hr

Predicted
sales in units
according to
old price
= 1000( -13.44764888834

Predicted
sales in units
according to
old price
25265

Predicted
sales in units
according to
new price
=1000( -13.447648888345

Predicted
sales in units
according to
new price
25078

difference in
sales (NewPredicted Sales - Old
difference in
sales 25078-25265
difference in
sales -187
 Sales Price
Cars (in 1,000 (in lakh
units) rupees)
Marengo 1 20.896 42.5
Marengo 2 31.048 36
Marengo 3 29.904 54.7
Marengo 4 28.792 42.7
Marengo 5 16.776 44.9
to explain 84.8 percent of the variations. Marengo 6 18.928 35.5
Marengo 7 22.776 51.3
Marengo 8 36.824 30.4
Marengo 9 22.216 38.4
Marengo 10 35.456 32.2
Marengo 11 28.576 59.4
Marengo 12 33.648 50.8
Marengo 13 33.44 57.5
Marengo 14 34.912 44.6
Marengo 15 24.016 34.6
Lower 95.0% Upper 95.0% significance Marengo 16 20.992 56.4
-22.58608 -4.30921838566251 significant(pvalue <.05) Marengo 17 21.696 41.4

-0.300478 -0.0729780465914833 significant(pvalue <.05) Marengo 18 17.832 53.7

-0.38269 0.465292062727021 not significant (pvalue > .05) Marengo 19 25.624 44.8
0.185463 0.256140666971782 significant(pvalue <.05) Marengo 20 21.92 32.4
Marengo 21 24.792 40.9
Marengo 22 22.256 44.1
Specifications Marengo32 Marengo 23 15.488 46.6
Price ₹41 lakh Marengo 24 21.64 31.4
Manufacturing cost ₹33 lakh Marengo 25 23.264 54.7
Mileage 15 km/litre Marengo 26 19.328 37.9
Top speed 210 km/hr Marengo 27 27.216 52.9
Marengo 28 23.096 42.7
Marengo 29 17.824 54.9
Marengo 30 19.144 44
68203862*210 ) Marengo 31 21.6 42.2

Sales =-13.4476488883451-0.186728172116573*Price + 0.22080168203862*(Top speed)

= 1000( -13.4476488883451- (0.186728172116573*41 )+ 0.22080168203862*210 )

=1000( -13.4476488883451- (0.186728172116573*42 )+ 0.22080168203862*210 )

(NewPredicted Sales - Old Predicted Sales)

25078-25265
Top speed
(Km/hr)
Ans 8
199.4 SUMMARY OUTPUT
235.2
240.8 Regression Statistics
232.5 Multiple R 0.928916
188.8 R Square 0.862885
184.2 Adjusted R Square 0.853091 This is increased than the old model adjusted r square (befo
207.7 Standard Error 2.266839
249.5 Observations 31
175.8
245.6 ANOVA
223.3 df SS MS F Significance F
240 Regression 2 905.4573 452.7286 88.10417 8.302E-13
250 Residual 28 143.8797 5.138561
247.4 Total 30 1049.337
192
201.2 Coefficients
Standard Error t Stat P-value Lower 95%
193.3 Intercept -12.97013 3.69376 -3.511363 0.001531 -20.53646
Price
202 (in lakh rupees) -0.182474 0.050304 -3.627423 0.00113 -0.285517
208.9 Top speed (Km/hr) 0.22014 0.01661 13.25378 1.38E-13 0.186117
176.9
218.2
190
176.8
178.9
192.3
184.1
240.3
192.1
199
181.1
181.2
odel adjusted r square (before removing insignificant variables)

Significance F

Upper 95%Lower 95.0%

Upper 95.0%
-5.403807 -20.53646 -5.403807

-0.079431 -0.285517 -0.079431

0.254163 0.186117 0.254163