Multiple Regression Model Based On Time, Price and Seasonality
Multiple Regression Model Based On Time, Price and Seasonality
250
200
150
100
Residuals
50
0
-50 0 5 10 15 20
-100
-150
-200
Time in month
1 400
1 200
1 000 10-Pie
800 Predict
600
400
200
0
0 5 10 15 20 25 30
Time in month
Chart Title
1 800
1 600
1 400
1 200
1 000
800
600
400
200
0
0 200 400 600 800 1000 1200 14
SUMMARY OUTPUT
Regression Statistics
h Residual Plot Multiple R 0.973563
R Square 0.947825
Adjusted R 0.890907
Standard E 131.3149
Observatio 24
ANOVA
15 20 25 30
df SS MS F
Regression 12 3445772 287147.7 16.65243
Residual 11 189679.5 17243.59
me in month Total 23 3635451
Coefficients
Standard Error t Stat P-value
Intercept 5050.946 809.9097 6.236431 6.381E-05
th Line Fit Plot Time in mo 14 5.020949 2.788318 0.01764
10-Piece Se-5.018996 0.819754 -6.122567 7.493E-05
Jan -94.5 115.4818 -0.818311 0.43055
Mar 45.5 114.1645 0.398548 0.697854
Apr 75.5 113.8328 0.663254 0.520825
10-Piece Set sold units May -56.5 113.722 -0.496826 0.629092
Predicted 10-Piece Set sold units Jun -221.5 113.8328 -1.945837 0.077666
Jul -145 114.1645 -1.270097 0.230259
Sept -22 115.4818 -0.190506 0.852383
Oct 199.5 125.8246 1.58554 0.141151
0 25 30 Nov 266 125.7244 2.115739 0.057997
Dec -112.5 125.8246 -0.894102 0.390411
RESIDUAL OUTPUT
rt Title
Observation
Predicted 10-Piece SetResiduals
sold units
1 202.5 16.5
2 311 -136
3 370.5 -64.5
4 414.5 -20.5
5 296.5 97.5
6 145.5 -14.5
7 236 -105
8 395 43
9 387 138
10 622.5 -9.5
11 703 -46
1000 1200 1400 1600 1800 12 338.5 55.5
13 370.5 -16.5
14 479 227
15 538.5 64.5
16 582.5 20.5
17 464.5 -97.5
18 313.5 14.5
19 404 105
20 563 -134
21 555 -138
22 1543.5 9.5
23 1624 46
24 1259.5 -55.5
Significance F
2.429E-05
RESIDUAL OUTPUT
Observation
Predicted 10-Piece SetResiduals
sold units
1 202.5 16.5
2 311 -136
3 370.5 -64.5
4 414.5 -20.5
5 296.5 97.5
6 145.5 -14.5
7 236 -105
8 395 43
9 387 138
10 622.5 -9.5
11 703 -46
12 338.5 55.5
13 370.5 -16.5
14 479 227
15 538.5 64.5
16 582.5 20.5
17 464.5 -97.5
18 313.5 14.5
19 404 105
20 563 -134
21 555 -138
22 1543.5 9.5
23 1624 46
24 1259.5 -55.5
Time in month Residual Plot
250
200
150
100
Residuals
50
0
-50 0 5 10 15 20 25 30
-100
-150
MS F Significance F -200
287147.7 16.65243 2.429E-05 Time in month
17243.59
Residuals
25 30 Set sold units 0
00 00 00 00
0. 0. 0. 0. -200.00
70 80 90 00 0
$ $ $ $1 75 80
10-Piece Set sale price $ $
Time
0
-200.00 .0
0
.0
0
.0
0
.0
0
.0
0
0 0 0 0 0 0
75 80 85 90 95 00
$ $ $ $ $ $1
10-Piece Set sale price
2 000
1 500 10-Piece Set sold
1 000 units
Predicted 10-Piece
500 Set sold units
0
0 5 10 15 20 25 30
Time in month
2 000
1 500 Nov Line F
ce Set sold units
1 000 2 000
500 1 500
0 1 000
0 500 1 2
Oct Line Fit Plot
2 000
Predicted 10-Piece
1 500 Set sold units10-Piece Set sold
1 000 units
1 2 Predicted 10-Piece
500 Set sold units
Oct Line Fit Plot
Nov Line Fit Plot
10-Piece Set sold
units
10-Piece Set sold units
2 000
1 500 Dec Line Fit Plot
Predicted 10-Piece
Set sold units10-Piece Set sold
units
10-Piece Set sold units
1 000 2 000
1 2 Predicted 10-Piece
500 1 500 Set sold units10-Piece Set sold
0Oct 1 000 units
0 1 2 Predicted 10-Piece
500 Set sold units
0Nov
0 1 2
Dec
10-Piece 10-Piece
Time in
month year Set sold Set sale
month
units price Jan Mar Apr May
Jan-11 219 1 $949.98 1 0 0 0
Feb-11 175 2 $949.98 0 0 0 0
Mar-11 306 3 $949.98 0 1 0 0
Apr-11 394 4 $949.98 0 0 1 0
May-11 394 5 $949.98 0 0 0 1
Jun-11 131 6 $949.98 0 0 0 0
Jul-11 131 7 $949.98 0 0 0 0
Aug-11 438 8 $949.98 0 0 0 0
Sep-11 525 9 $949.98 0 0 0 0
Oct-11 613 10 $949.98 0 0 0 0
Nov-11 657 11 $949.98 0 0 0 0
Dec-11 394 12 $949.98 0 0 0 0
Jan-12 354 13 $949.98 1 0 0 0
Feb-12 706 14 $949.98 0 0 0 0
Mar-12 603 15 $949.98 0 1 0 0
Apr-12 603 16 $949.98 0 0 1 0
May-12 367 17 $949.98 0 0 0 1
Jun-12 328 18 $949.98 0 0 0 0
Jul-12 509 19 $949.98 0 0 0 0
Aug-12 429 20 $949.98 0 0 0 0
Sep-12 417 21 $949.98 0 0 0 0
Oct-12 1,553 22 $799.95 0 0 0 0
Nov-12 1,670 23 $799.95 0 0 0 0
Dec-12 1,204 24 $799.95 0 0 0 0
Predicted
10-Piece
Set sold
units
Jan-13 25 $799.95 1 0 0 0
Feb-13 26 $799.95 0 0 0 0
Mar-13 27 $799.95 0 1 0 0
Apr-13 28 $799.95 0 0 1 0
May-13 29 $799.95 0 0 0 1
Jun-13 30 $799.95 0 0 0 0
Jul-13 31 $799.95 0 0 0 0
Aug-13 32 $799.95 0 0 0 0
Sep-13 33 $799.95 0 0 0 0
Oct-13 34 $799.95 0 0 0 0
Nov-13 35 $799.95 0 0 0 0
Dec-13 36 $799.95 0 0 0 0
Forecast Actual Abs. Error MAD
Jan-13 1069 MAPD
Feb-13 1536
Mar-13 1490
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Time i
Jun Jul Sept Oct Nov Dec 250
0 0 0 0 0 0 200
0 0 0 0 0 0 150
0 0 0 0 0 0 100
Residuals
50
0 0 0 0 0 0 0
0 0 0 0 0 0 -50 0 5
1 0 0 0 0 0 -100
-150
0 1 0 0 0 0 -200
0 0 0 0 0 0
0 0 1 0 0 0
0 0 0 1 0 0
0 0 0 0 1 0
0 0 0 0 0 1
0 0 0 0 0 0 Time
0 0 0 0 0 0 1 800
0 0 0 0 0 0 1 600
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0 1 800
0 0 0 0 0 0 1 600
0 0 0 0 0 0 1 400
1 0 0 0 0 0 1 200
0 1 0 0 0 0 1 000
0 0 0 0 0 0
800
0 0 1 0 0 0
600
0 0 0 1 0 0
400
0 0 0 0 1 0
0 0 0 0 0 1 200
0
0 200 400 60
600
400
200
0
0 200 400 60
10-Piece
1 800
1 600
1 400
0 5 10 15 20 25 30
Time in month
Chart Title
Predicted 10-
Piece Set sold
50.00 $ 800.00 $ 850.00 $ 900.00 $ 950.00 $1 000.00 units
2 000
1 500 10-Piece Set
1 000 units
Jun Line Fit Plot
1 000 units
2 000
500 1
1 500
2 Predicted 10-Piece
Set sold units10-Piece Set sold
Nov Line Fit Plot
10-Piece Set sold units
Sept -22
0 0 0 0 0 0 0 Oct 199.5
0 0 0 0 0 0 0 Nov 266
0 0 0 0 0 0 0 Dec -112.5
0 0 0 0 0 0 0
1 0 0 0 0 0 0
0 1 0 0 0 0 0
0 0 1 0 0 0 0 RESIDUAL OUTPUT
0 0 0 0 0 0 0
0 0 0 1 0 0 0Observation
Predicted 10-Piece Set sold units
0 0 0 0 1 0 0 1 202.5
0 0 0 0 0 1 0 2 311
0 0 0 0 0 0 1 3 370.5
4 414.5
5 296.5
6 145.5
7 236
8 395
9 387
10 622.5
11 703
12 338.5
13 370.5
14 479
15 538.5
16 582.5
17 464.5
18 313.5
19 404
20 563
21 555
22 1543.5
23 1624
24 1259.5
SS MS F Significance F
3445772 287147.7 16.65243 2.429E-05
189679.5 17243.59
3635451
Residuals
16.5
-136
-64.5
-20.5
97.5
-14.5
-105
43
138
-9.5
-46
55.5
-16.5
227
64.5
20.5
-97.5
14.5
105
-134
-138
9.5
46
-55.5
Jan-13 1291 25 $799.95 1 0 0 0 0 0
Feb-13 1400 26 $799.95 0 0 0 0 0 0
Mar-13 1459 27 $799.95 0 1 0 0 0 0
Apr-13 1503 28 $799.95 0 0 1 0 0 0
May-13 1385 29 $799.95 0 0 0 1 0 0
Jun-13 1234 30 $799.95 0 0 0 0 1 0
Jul-13 1325 31 $799.95 0 0 0 0 0 1
Aug-13 1484 32 $799.95 0 0 0 0 0 0
Sep-13 1476 33 $799.95 0 0 0 0 0 0
Oct-13 1711 34 $799.95 0 0 0 0 0 0
Nov-13 1792 35 $799.95 0 0 0 0 0 0
Dec-13 1427 36 $799.95 0 0 0 0 0 0
0 0 0 0 Coefficients
0 0 0 0 Intercept 5050.95
0 0 0 0 Time in mo 14.00
0 0 0 0 10-Piece Se -5.02
0 0 0 0 Jan -94.50
0 0 0 0 Mar 45.50
0 0 0 0 Apr 75.50
0 0 0 0 May -56.50
1 0 0 0 Jun -221.50
0 1 0 0 Jul -145.00
0 0 1 0 Sept -22.00
0 0 0 1 Oct 199.50
Nov 266.00
Dec -112.50
Forecast Actual Abs. Error MAD 130
Jan-13 1292 1069 223 MAPD 9.5%
Feb-13 1400 1536 136
Mar-13 1460 1490 30
Apr-13 1504
May-13 1386
Jun-13 1235
Jul-13 1325
Aug-13 1484
Sep-13 1476
Oct-13 1712
Nov-13 1792
Dec-13 1428