Linear Regression Raw Data
Linear Regression Raw Data
61 4.28
63 4.08
67 4.42
69 4.17 SUMMARY OUTPUT
70 4.48
74 4.3 Regression Statistics
76 4.82 Multiple R
81 4.7 R Square
86 5.11 Adjusted R Square
91 5.13 Standard Error
95 5.64 Observations
97 5.56
ANOVA
Regression
Residual
Total
Intercept
X Variable 1
RESIDUAL OUTPUT
Observation
1
2
3
4
5
6
7
8
9
10
11
12
egression Statistics
0.948200328
0.899083862
0.888992248
0.177217457
12
df SS MS F Significance F
1 2.79803139432 2.798031394 89.09217882 2.692E-06
10 0.31406027235 0.031406027
11 3.11209166667
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
1.569792777 0.33808296092 4.643217666 0.000917481 0.816497 2.323088557 0.8164969964
0.040701599 0.00431212833 9.438865335 2.691644E-06 0.031094 0.050309619 0.0310935779
Predicted Y Residuals
4.05259029 0.22740970989
4.133993487 -0.0539934873
4.296799882 0.12320011841
4.378203079 -0.2082030787
4.418904677 0.06109532268
4.581711072 -0.2817110716
4.663114269 0.1568857312
4.866622262 -0.1666222617
5.070130255 0.03986974541
5.273638247 -0.1436382475
5.436444642 0.2035553582
5.517847839 0.04215216104
X Variable 1 Line Fit Plot
6
4
Y
2 Predicted Y
Y
0
55 60 65 70 75 80 85 90 95 100
X Variable 1
Upper 95.0%
2.3230885572
0.0503096192
House
Price Squar
in e Feet
$1000 (X)
s (Y)
245 1,400
312 1,600 SUMMARY OUTPUT
279 1,700
308 1,875 Regression Statistics
199 1,100 Multiple R
Intercept
Square Feet (X)
RESIDUAL OUTPUT
Observation
1
2
3
4
5
6
7
8
9
10
egression Statistics
0.762113713216258
0.580817311872272
0.528419475856306
41.3303236502994
10
df
1
8
9
Coefficients
98.2483296213808
0.109767737830099
284.853483932549
304.062838052816
218.992841234489
268.388323258034
356.202513522113
367.179287305123
254.667356029271
284.853483932549
It represents the propotion of total variation in
the dependent variable (Y)that is explained by
variation in the independent variable(X) of the
regression model =SSR/SST. This shows that
square feet affect the price of the house by 58%
and rest of 42% can be because of some other
factors like location etc. (also called coefficient
of variation)
Residuals
-6.92316258351892
38.1232898504613
-5.8534839325485
3.93716194718422
-19.9928412344893
-49.3883232580337
48.7974864778874
-43.1792873051225
64.3326439707286
-29.8534839325485
F Significance F
11.08476 0.01039401638
Lower 95.0%
-35.5771119752463
0.0337400653322093
equation
Y=98.24832+0.1097677*REQUIRE
D SQUARE FT
shows difference between mean of errors and predicted valu
shows difference between observed and predicted value
Upper 95.0%
232.073771218008
0.185795410327988
Square Feet (X) Line Fit P
450
400
R² = 0.580817311872272
350
300
House Price in $1000s (Y)
250
200
150
100
50
0
1,000 1,200 1,400 1,600 1,800 2,000 2,200 2,400 2
Coefficients
Intercept 42.21205855
First Year Advertising Expenditures ($$
million) 59.679135688
113.82702138
(50% of the varience is dependent on adv. Spent) R2=.70 is a sufficient indicator
Adusted R2= .70 is a sufficient indicator
SS MS F Significance F
10219.4154091 10219.415409 13.043166781 0.00316136768064
10185.5939243 783.50722494
20405.0093333
Standard Error t Stat P-value Lower 95% (alpha) Upper 95%(alpha) Lower 95.0%
17.9350935459 2.3536012479 0.0349903753 3.46564460287926 80.9584724974924 3.4656446029
Upper 95.0%
80.958472497
95.378367319
ull hypothesis
First Year First Year First Year
First Year
Sales Advertising Promotions Competitors'
Sales
Region Expenditures Expenditures Sales
($$ million)
($$ million) ($$ million) ($$ million)
A 101.8 1.3 0.2 20.4
B 44.4 0.7 0.2 30.5
C 108.3 1.4 0.3 24.6
D 85.1 0.5 0.4 19.6
E 77.1 0.5 0.6 25.5
F 158.7 1.9 0.4 21.7
G 180.4 1.2 1 6.8
H 64.2 0.4 0.4 12.6
I 74.6 0.6 0.5 31.3
J 143.4 1.3 0.6 18.6
K 120.6 1.6 0.8 19.9
L 69.7 1 0.3 25.6
M 67.8 0.8 0.2 27.4
N 106.7 0.6 0.5 24.3
O 119.6 1.1 0.3 13.7
EQUATION
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.912692733
R Square 0.8330080249
Adjusted R Square 0.7874647589
Standard Error 17.600291348
Observations 15
ANOVA
df SS MS F
Regression 3 16997.5365223 5665.8455074 18.29047627
Residual 11 3407.47281104 309.77025555
Total 14 20405.0093333
RESIDUAL OUTPUT
Predicted First
Year Sales
Observation ($$ million) Residuals
1 103.82016343 -2.0201634251
2 55.872826035 -11.472826035
3 106.96541278 1.33458721869
4 78.038112136 7.06188786434
5 79.12693778 -2.0269377796
6 142.74935203 15.9506479735
7 171.63748962 8.76251037705
8 86.003657963 -21.803657963
9 67.401123629 7.19887637113
10 130.98960604 12.4103939622
11 155.22516611 -34.625166105
12 85.536276354 -15.836276354
13 66.46736053 1.33263947046
14 80.264545634 26.4354543657
15 112.30196994 7.29803005865
First Year Advertising Ex-
penditures ($$ million) Line
Fit Plot Linear
First Year Sales
($$ million) Sales
(First Year
($$ million))
($$ million))
100 R² = 0.390418278409195
Linear (First Year Predicted First Year
Sales Sales
0 ($$ million)) ($$ million)
0
First Year Competitors' Sales
($$ million)
dvertising Ex-
$$ million) Line
s
Plot Linear
Sales
(First Year
($$ million))
t Year
22
$ million)
motions Ex-
million)
s
Line
Linear (First Year
ot Sales
($$ million))
t Year
58
$ million)
etitors' Sales
ne Fit Plot
s Linear (First Year
Sales
($$ million))
195
ear Predicted First Year
Sales
($$ million)
First Year First Year First Year
First Year Average Annual
Sales Advertising Promotions Competitors'
Sales Snowfall
Region Expenditures Expenditures Sales
($$ million) (inches of snow)
($$ million) ($$ million) ($$ million)
Regression Statistics
Multiple R 0.9250539612
R Square 0.8557248312
Adjusted R Square 0.7980147637
Standard Error 17.157902454
Observations 15
RESIDUAL OUTPUT
Predicted First
Year Sales
Observation ($$ million) Residuals
1 96.243351473 5.55664852682
2 51.848255796 -7.4482557956
3 102.7362138 5.56378620247
4 73.123377812 11.976622188
5 70.362281837 6.73771816326
6 142.04837465 16.6516253515
7 169.973281 10.4267189991
8 83.336285592 -19.136285592
9 72.66638963 1.93361036954
10 135.1408992 8.25910079963
11 154.30605126 -33.706051256
12 89.175401693 -19.475401693
13 69.173506953 -1.3735069529
14 89.735765256 16.9642347437
15 122.53056406 -2.930564055
First Year Advertising Ex-
IF P VALUE IS penditures ($$ million) Line
LESS THAN
ALPHA THEN WE Fitmillion)
($$ Plot
First Year Sales Linear (First
Sales
REJECT NULL ($$ million)
($$ million)
100 Predicted Firs
Significance F 0 Sales
($$ million)
0.000329973221 5 10 15 20 25 30 35
First Year Competitors' Sales
($$ million)
($$ million)
d First Year 200
Sales
456022 ($$ million)
on) 0
0 0.2 0.4 0.6 0.8 1 1.2
es ($$ million) First Year Promotions Expenditures ($$ million)