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Simple Regression: Sales Distance X Y Error LINEST Output (1-) C.I. For

- The document presents the results of a simple linear regression analysis with volume (X) as the independent variable and weight (Y) as the dependent variable using data from 15 observations. - The regression line equation is Y = 1.219694X with an R2 value of 0.4141, indicating the model explains about 41% of the variation in Y. - The slope of 1.219694 suggests that for every 1 unit increase in volume, weight increases by 1.219694 units on average.

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Varg Duriel
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0% found this document useful (0 votes)
20 views

Simple Regression: Sales Distance X Y Error LINEST Output (1-) C.I. For

- The document presents the results of a simple linear regression analysis with volume (X) as the independent variable and weight (Y) as the dependent variable using data from 15 observations. - The regression line equation is Y = 1.219694X with an R2 value of 0.4141, indicating the model explains about 41% of the variation in Y. - The slope of 1.219694 suggests that for every 1 unit increase in volume, weight increases by 1.219694 units on average.

Uploaded by

Varg Duriel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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sales
X
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distance
Y

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Error
2.0068
-1.3672

H
I
J
K
L
Sales regression against Distance travelled

95%

0.626

+ or -

0.2588
-1.2452

s(b1) 0.155273 Standard Error of Slope

0.321207

t 4.031606
Confidence Interval for Intercept
(1-) C.I. for 0

95%

5.4812

+ or -

p-value

1.0068

###
###

s(b0) 2.165155 Standard Error of Intercept

4.478965

Prediction Interval for Y

(1-) C.I. for Y given X

-1.1232

+ or -

s 1.552731 Standard Error of prediction

2.1288
-1.2452
0.3808

Prediction Interval for E[Y|X]

(1-) C.I. for E[Y | X]

1.7548

+ or -

2.1288
0.5028

ANOVA Table

0.8768

Source

SS

df

MS

Fcritical

p-value

-0.8712

Regn. 39.1876

39.1876 16.25385 4.279344 0.0005

-0.9932

Error 55.4524

23

2.410974

0.7548

Total

24

94.64

-1.8712
-2.1232

Scatter Plot, Regression Line and Regression Equation

1.3808

f(x) =

-1.2452

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2.1288
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Residual Analysis

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Durbin-Watson statistic
d 1.949701

Residual Plot

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###
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0.0005

-0.8712
-1.2452

LINEST Output
###

-2.7412
1.6328

r2 0.4141 Coefficient of Determination


r 0.6435 Coefficient of Correlation

Confidence Interval for Slope


(1-) C.I. for 1

Simple Regression

Error

A
1

Normal Probability Plot of Residuals

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Volume
X
6.23
6.87
5.54
5.9
6.45
6.55
5.75
6
6.2
6.7
7
7.23
5.3
6.35
7.15

Weight
Y
7.75
8.5
6.85
6.78
8
7.8
7.05
7.35
7.3
8
8.69
8.86
6.25
7.9
8.96

SSE
0.525396
Error
0.1513
0.1207
0.0929
-0.4162
0.1330
-0.1890
0.0368
0.0318
-0.2621
-0.1719
0.1521
0.0416
-0.2144
0.1549
0.2392

Intercept
b0

Slope
b1

1.219694

Prediction
X
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Y
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Regression Using the Solver

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0

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X

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