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    Regression Models

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    DHARSHNI P GRGSMS
    This document contains data on sales staff, advertising costs, and total sales for various companies. There is a strong positive correlation between advertising costs and total sales, with an R-square value of 0.789, indicating that advertising costs explain around 78.9% of the variation in total sales. The regression equation obtained from this data is: Total Sales = 20458.622 - 9.002186 * Advertising Cost.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Regression Models

    Uploaded by

    DHARSHNI P GRGSMS
    15 views5 pages
    This document contains data on sales staff, advertising costs, and total sales for various companies. There is a strong positive correlation between advertising costs and total sales, with an R-square value of 0.789, indicating that advertising costs explain around 78.9% of the variation in total sales. The regression equation obtained from this data is: Total Sales = 20458.622 - 9.002186 * Advertising Cost.

    Original Description:

    data analytics

    Original Title

    Regression Models (1)

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    © © All Rights Reserved

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    This document contains data on sales staff, advertising costs, and total sales for various companies. There is a strong positive correlation between advertising costs and total sales, with an R-square value of 0.789, indicating that advertising costs explain around 78.9% of the variation in total sales. The regression equation obtained from this data is: Total Sales = 20458.622 - 9.002186 * Advertising Cost.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    15 views5 pages

    Regression Models

    Uploaded by

    DHARSHNI P GRGSMS
    This document contains data on sales staff, advertising costs, and total sales for various companies. There is a strong positive correlation between advertising costs and total sales, with an R-square value of 0.789, indicating that advertising costs explain around 78.9% of the variation in total sales. The regression equation obtained from this data is: Total Sales = 20458.622 - 9.002186 * Advertising Cost.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 5

    S.

    No Price ($) Demand


    1 50 19964.09 Dependent Variable:
    2 60 19706.85 Independent Variable
    3 70 20240.83
    4 80 19698.81
    5 90 20095.81
    6 100 19390.99
    7 110 19430.07
    8 120 19273.69
    9 130 18716.38
    10 140 18925.36
    11 150 19484.78
    12 160 18934.88
    13 170 18915.77
    14 180 18893.37
    15 190 18961.62
    16 200 18443.29
    17 210 18811.98
    18 220 18561.92
    19 230 18158.62
    20 240 18412.56
    250 18208.075
    260 18118.053 SUMMARY OUTPUT
    270 18028.031
    x y Regression Statistics
    Iv DV Multiple R 0.888318
    R Square 0.7891088
    b 20458.622 Adjusted R Squar 0.7767034
    a -9.002186 Standard Error 269.47702
    Observations 19

    ANOVA
    df SS MS
    Regression 1 4619243 4619243
    Residual 17 1234504 72617.862
    Total 18 5853747

    Coefficients
    Standard Error t Stat
    Intercept 20458.622 180.24133 113.50683
    50 -9.002186 1.128715 -7.975606
    Dependent Variable: Demand
    Independent Variable Price

    Demand
    20500

    20000

    19500

    19000

    18500

    18000

    17500

    17000
    50 60 70 80 90 100 110 120 130 140 150 160 170 180 190 200 210 220 230 24

    F Significance F
    63.61028743 3.8048064E-07

    P-value Lower 95% Upper 95%Lower 95.0% Upper 95.0%


    6.29743E-26 20078.3456061 20838.898 20078.346 20838.898
    3.80481E-07 -11.38356648 -6.620805 -11.38357 -6.620805
    180 190 200 210 220 230 240
    IV IV DV
    Sales Staff Adv Cost (in 000) Total sales ( in 000)
    39 523.5 439
    29 215 98
    57 227.5 70
    23 244.5 52
    56 313.5 64
    39 279 72
    22 238 47
    42 85.5 85
    23 217 59
    51 109.5 63
    17 227 57
    34 116.5 54
    11 369 404
    15 178 380
    12 101.5 65
    24 26.5 40
    83 582.5 456
    24 159 176
    31 285.5 61
    79 360 91
    33 263 59
    83 443.5 83
    39 1101.5 41
    29 814 47
    68 365 84
    89 510 85
    92 580.5 116
    108 251 544
    120 837 890
    98 302.5 371

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