SUMMARY OUTPUT

Regression Statistics
Multiple R 0.96204214854
R Square 0.92552509557
Adjusted R Square 0.90424655145
Standard Error 12.7096421575
Observations 10

ANOVA
df SS MS F Significance F
Regression 2 14052.15 7026.077 43.4957 0.00011272878883485
Residual 7 1130.745 161.535
Total 9 15182.9

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 99.0% Upper 99.0%
Intercept -18.3682675757 17.9715 -1.022077 0.340762 -60.8641200800634 24.127584929 -81.2592431485 44.522707997
X Variable 1 2.01018522406 0.247119 8.134483 8.193E-05 1.42584165915518 2.594528789 1.145396434079 2.874974014
X Variable 2 4.73781182042 0.94844 4.995375 0.001573 2.49510838052449 6.9805152603 1.41876304405 8.0568605968
2. Consider the follwing data for a dependent variable y and two independent
variables x1 and x2.
x1 x2 y
30 12 94
47 10 108
25 17 112
51 16 178
40 5 94
51 19 175
74 7 170
36 12 117
59 13 142
76 16 211

A. Predict y if x1= 45

x1 y x1- x y1-y (x1- x)(y1-y)

30 94 -18.9 -46.1 871.29
47 108 -1.9 -32.1 60.99
25 112 -23.9 -28.1 671.59
51 178 2.1 37.9 79.59
40 94 -8.9 -46.1 410.29
51 175 2.1 34.9 73.29
74 170 25.1 29.9 750.49
36 117 -12.9 -23.1 297.99
59 142 10.1 1.9 19.19
76 211 27.1 70.9 1921.39
489 1401 5156.1

5156.1/2652.9 1.94357118624901
140.1-1.94(48.9) 45.0593689924234
Y= 45.05937+ 1.94(45) 132.520072374 when x1=46

B. Predict y if x2=15
x2 y x2-x y1-y (x2- x)(y1-y)
12 94 -0.7 -46.1 32.27
10 108 -2.7 -32.1 86.67
17 112 4.3 -28.1 -120.83
16 178 3.3 37.9 125.07
5 94 -7.7 -46.1 354.97
19 175 6.3 34.9 219.87
7 170 -5.7 29.9 -170.43
12 117 -0.7 -23.1 16.17
13 142 0.3 1.9 0.57
16 211 3.3 70.9 233.97
 127 1401 778.3

778.3/180.1 4.32148806218767
140.1-4.32(12.7) 85.2171016102166
Y= 85.2171+4.32(15) 150.039422543 when x2=15

C. Predict y if x1=45 and x2=15

x1 x2 y
30 12 94
47 10 108
25 17 112
51 16 178
40 5 94
51 19 175
74 7 170
36 12 117
59 13 142
76 16 211

Regression Statistics
Multiple R 0.9620421485435
R Square 0.92552509557419
Adjusted R Square 0.90424655145253
Standard Error 12.7096421575264
Observations 10

ANOVA
df SS MS F
Regression 2 14052.1549735934 7026.077486797 43.4956964293
Residual 7 1130.7450264066 161.5350037724
Total 9 15182.9

Coefficients Standard Error t Stat P-value

Intercept -18.3682675757143 17.9715032846019 -1.02207741249 0.34076181224
X Variable 1 2.0101852240573 0.24711899343353 8.134482890721 8.1932765E-05
X Variable 2 4.73781182041831 0.94843966790206 4.995375015153 0.00157345582

Y=-18.36+2.01(45)+4.74(15) 143.19

3. The estimated regression equation for a model involving two independent variables and 10 observations follows.
y= 29.1270 +. 5960x1+.4890x2

A. Interpret b1 and b2
b1= 0.5960 for every additional increase in the variable x1 the value of y increases by 0.5690, other things held const
b2= 0.4890 for every additional increase in the variable x2 the value of y increases by 0.4890, other things held const
B. We have x1= 180 and x2= 310
y= 29.1270 +. 5960(180)+.4890(310)
287.997
 (x1- x)^2
357.21
3.60999999999999
571.21
4.41000000000001
79.21
4.41000000000001
630.01
166.41
102.01
734.41
2652.9

(x1- x)^2
0.489999999999999
7.29
18.49
10.89
59.29
39.69
32.49
0.489999999999999
0.0900000000000004
10.89
 180.1

Significance F
0.00011272878883485

Lower 95% Upper 95% Lower 99.0% Upper 99.0%

-60.8641200800634 24.1275849286348 -81.2592431484583 44.52270799703
1.42584165915518 2.59452878895941 1.1453964340786 2.874974014036
2.49510838052449 6.98051526031212 1.4187630440504 8.0568605967862

les and 10 observations follows.

reases by 0.5690, other things held constant.

reases by 0.4890, other things held constant.
4. A shoe store developed the following estimated regression equation relating sales to
inventory investment and advertising expenditures.
y= 25+ 10x1+8x2
where
x1= inventory investment ($1000s)
x2= advertising expenditures ($1000s)
y= sales ($1000s)

A. Estimate sales resulting from a $15,000 investment in inventory and an advertising budget
of $10,000.
y= 25+ 10x1+8x2
y= 25+ 10(15)+8(10)
255 255000 dollars

B. Interpret b1 and b2 in this estimated regression equation.

b1=10 this indicates that the sales increase, on average, by 10000 dollars
per 1000 dollar inventory investment
b2= 8 this indicates that the sales increase, on average, by 8000 dollars
per 1000 dollar inventory investment
o

dget
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.958663
R Square 0.919036
Adjusted R 0.88665
Standard E 0.642587
Observatio 8

ANOVA
df SS MS F Significance F
Regression 2 23.43541 11.7177 28.37777 0.001865
Residual 5 2.064592 0.412918
Total 7 25.5

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 99.0%
Upper 99.0%
Intercept 83.23009 1.573869 52.88248 4.572E-08 79.18433 87.27585 76.88403 89.57616
X Variable 2.290184 0.304065 7.531899 0.000653 1.508561 3.071806 1.064152 3.516215
X Variable 1.300989 0.320702 4.056697 0.009761 0.476599 2.125379 0.007874 2.594104
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.748448
R Square 0.560174
Adjusted R 0.507395
Standard E 0.097632
Observatio 29

ANOVA
df SS MS F Significance F
Regression 3 0.303508 0.101169 10.61354 0.00011
Residual 25 0.238302 0.009532
Total 28 0.54181

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 99.0%Upper 99.0%
Intercept -1.254778 0.607546 -2.06532 0.049408 -2.506043 -0.003512 -2.948274 0.438719
X Variable 4.889335 1.192206 4.101084 0.000382 2.433942 7.344729 1.566138 8.212532
X Variable -2.588496 0.706994 -3.661269 0.001176 -4.044577 -1.132414 -4.559196 -0.617795
X Variable 0.033683 0.012484 2.697999 0.012315 0.007971 0.059395 -0.001117 0.068483
1. In a regression analysis involving 30 observations, the following estimated regression
equation was obtained. If required enter negative values as negative numbers.

y= 17.6 + 3.8x1 -2.3x2+ 7.6x3 +2.7x4

A. Interpret b1,b2,b3, and b4

b1= 3.8 b1 = estimated change in y per 1 unit change in x1

b2= 2.3 b2 = estimated change in y per 1 unit change in x2
b3= 7.6 b3 = estimated change in y per 1 unit change in x3
b4 = 2.7 b4 = estimated change in y per 1 unit change in x4

B. Predict y when x1 = 10, x2 = 5, x3 = 1, and x4 = 2.

y= 17.6 + 3.8x1 -2.3x2+ 7.6x3 +2.7x4

y= 17.6 + 3.8(10) -2.3(5)+ 7.6(1) +2.7(2)
y= 57.1

2. Consider the follwing data for a dependent variable y and two independent variables
x1 and x2.

x1 x2 y
30 12 94
47 10 108
25 17 112
51 16 178
40 5 94
51 19 175
74 7 170
36 12 117
59 13 142
76 16 211

A. Predict y if x1= 45

x1 y x1- x
30 94 -18.9
47 108 -1.9
25 112 -23.9
51 178 2.1
40 94 -8.9
51 175 2.1
74 170 25.1
36 117 -12.9
59 142 10.1
 76 211 27.1
489 1401

5156.1/2652.9 1.94357118624901
140.1-1.94(48.9) 45.0593689924234
Y= 45.05937+ 1.94(45) 132.520072373629

B. Predict y if x2=15

x2 y x2-x
12 94 -0.699999999999999
10 108 -2.7
17 112 4.3
16 178 3.3
5 94 -7.7
19 175 6.3
7 170 -5.7
12 117 -0.699999999999999
13 142 0.300000000000001
16 211 3.3
127 1401

778.3/180.1 4.32148806218767
140.1-4.32(12.7) 85.2171016102166
Y= 85.2171+4.32(15) 150.039422543032

C. Predict y if x1=45 and x2=15

x1 x2 y
30 12 94
47 10 108
25 17 112
51 16 178
40 5 94
51 19 175
74 7 170
36 12 117
59 13 142
76 16 211

Regression Statistics Column1

Multiple R 0.962042148543499
R Square 0.925525095574192
Adjusted R Square 0.904246551452532
Standard Error 12.7096421575264
Observations 10

ANOVA Column1 Column2

df SS
Regression 2 14052.1549735934
Residual 7 1130.7450264066
Total 9 15182.9

Column1 Coefficients Standard Error

Intercept -18.3682675757143 17.9715032846019
X Variable 1 2.0101852240573 0.247118993433528
X Variable 2 4.73781182041831 0.948439667902058
Upper 95%
24.1275849286348
2.59452878895941
6.98051526031212
Y=-18.36+2.01(45)+4.74(15) 143.19

3. The estimated regression equation for a model involving two independent variables and 10
observations follows.
y= 29.1270 +0. 5906x1+0.4890x2

A. Interpret b1 and b2

b1= 0.5960 for every additional increase in the variable x1 the value of y increases
by 0.5690, other things held constant.
b2= 0.4890 for every additional increase in the variable x2 the value of y increases
by 0.4890, other things held constant.

B. We have x1= 180 and x2= 310

y= 29.1270 +0. 5906(180)+0.4890(310) 287.025

4. A shoe store developed the following estimated regression equation relating sales to inventory
investment and advertising expenditures.
y= 25+ 10x1+8x2
where
x1= inventory investment ($1000s)
x2= advertising expenditures ($1000s)
y= sales ($1000s)

A. Estimate sales resulting from a $15,000 investment in inventory and an advertising budget
of $10,000.

y= 25+ 10x1+8x2
y= 25+ 10(15)+8(10)
255 255*($1000s)

B. Interpret b1 and b2 in this estimated regression equation.

b1=10 this indicates that the sales increase, on average, by 10000 dollars
per 1000 dollar inventory investment
b2= 8 this indicates that the sales increase, on average, by 8000 dollars
per 1000 dollar inventory investment

5. The owner of Showtime Movie Theaters Inc. would like to estimate weekly gross revenue as a function of ad
Historical data for eight weeks follow

Column1 Column2 Column3

Weekly Gross Television Advertisng Newspaper advertising
96 5 1.5
90 2 2
95 4 1.5
92 2.5 2.5
95 3 3.3
94 3.5 2.3
94 2.5 4.2
94 3 2.5

A. Develop an estimated regresion equation with the amount of Tv Advertising

Television Advertisng Weekly Gross
5 96
2 90
4 95
2.5 92
3 95
3.5 94
2.5 94
3 94

Weekly Gross
97
96 f(x) = 1.60386473429952 x + 88.6376811594203
95 R² = 0.652552808563039
94
93
92 Weekly Gross
Axis Title
91 Linear (Weekly Gross)
90
89
88
87
1.5 2 2.5 3 3.5 4 4.5 5 5.5
Axis Title
 Axis Title
91 Linear (Weekly Gross)
90
89
88
87
1.5 2 2.5 3 3.5 4 4.5 5 5.5
Axis Title

B. Predict an estimated regression equation for both tv and newspaper advertising

Weekly Gross Television Advertisng Newspaper advertising
96 5 1.5
90 2 2
95 4 1.5
92 2.5 2.5
95 3 3.3
94 3.5 2.3
94 2.5 4.2
94 3 2.5

Regression Statistics Column1

Multiple R 0.958663444439303
R Square 0.919035599704228
Adjusted R Square 0.88664983958592
Standard Error 0.642587302635552
Observations 8

ANOVA Column1 Column2

df SS
Regression 2 23.4354077924578
Residual 5 2.06459220754218
Total 7 25.5

Column1 Coefficients Standard Error

Intercept 83.2300916901307 1.57386895173935
X Variable 1 2.29018362091786 0.304064556054562
X Variable 2 1.30098909826005 0.320701597042844

Y= 83.23 + 2.29x1 + 1.30x2

c. They are not the same. In part a we only ue the data in of the Tv advertising while on part b we use both dat
D. Predict the weekly gross if the tv advertising is 3500 and 1800 for newspaper advertising.

Y= 83.23 + 2.29x1 + 1.30x2

Y= 93589.7988 dollars

6
A. y= 3.9578x1-1.22

PCT
0.8
0.7
0.6 f(x) = 3.95759506864 x − 1.2207145707394
R² = 0.200845767355563
 PCT
0.8
0.7
0.6 f(x) = 3.95759506864 x − 1.2207145707394
R² = 0.200845767355563
0.5
0.4 PCT
PCT

0.3 Linear (PCT )

0.2
0.1
0
0.4 0.41 0.42 0.43 0.44 0.45 0.46 0.47 0.48
FG

B. The slope of the estimated regression equation is linear

C. Y= 4.889x1-2.588x2+0.034x3 -1.2548
Regression Statistics Column1
Multiple R 0.748447547439901
R Square 0.560173731268803
Adjusted R Square 0.507394579021059
Standard Error 0.0976324146983076
Observations 29

ANOVA Column1 Column2

df SS
Regression 3 0.303507652073408
Residual 25 0.238302209995558
Total 28 0.541809862068966

Column1 Coefficients Standard Error

Intercept -1.25477761710407 0.607546410258326
X Variable 1 4.88933523044657 1.19220566320943
X Variable 2 -2.58849556926194 0.706994115904419
X Variable 3 0.0336830054279868 0.0124844399956461

D. Through the help of the given data above we can come up with a regression quation. We can distinguish the
x3(Opp to).
E. When x1= 0.4, x2= 0.34, x3=17
Y= 4.889x1-2.588x2+0.034x3 -1.2548
Y= 0.39888
ion

bles

(x1- x)^2
357.21
3.60999999999999
571.21
4.41000000000001
79.21
4.41000000000001
630.01
166.41
102.01
 734.41
2652.9

(x1- x)^2
0.489999999999999
7.29
18.49
10.89
59.29
39.69
32.49
0.489999999999999
0.0900000000000004
10.89
180.1
 Column5
Significance F
0.0001127287888349

Lower 95%
-60.8641200800634
1.42584165915518
2.49510838052449
Upper 99.0%
44.5227079970296
2.87497401403599
8.05686059678621

es and 10

y increases

y increases

o inventory

ng budget
dollars

ollars

evenue as a function of advertising expenditures.

Weekly Gross
inear (Weekly Gross)
inear (Weekly Gross)

Column5
Significance F
0.0018652423114763

Lower 95% Upper 95% Lower 99.0%

79.1843327511176 87.2758506291 76.88402703934
1.50856079626319 3.07180644557 1.0641518546746
0.476599398242162 2.12537879828 0.0078744039288

on part b we use both data in tv and newspaper advertising

 Column5
Significance F
0.0001098795681887

Lower 95% Upper 95% Lower 99.0%

-2.50604287161797 -0.00351236259 -2.948274239529
2.43394170425594 7.34472875664 1.5661384675481
-4.04457720753683 -1.13241393099 -4.559196287993
0.0079708199474184 0.05939519091 -0.00111656973

on. We can distinguish the coefficients of x1(Fg%), x2(Opp 3pt%),

Upper 99.0%
89.5761563409219
3.5162153871611
2.59410379259131
 Upper 99.0%
0.438719005320868
8.21253199334505
-0.61779485053108
0.068482580585552

Opp 3pt%),
PCT FG
0.265 0.435 0.346 13.206
0.471 0.449 0.369 16.176
0.313 0.417 0.372 15.031
0.303 0.438 0.345 12.515
0.581 0.439 0.332 15
0.606 0.431 0.366 17.818
0.606 0.423 0.262 15.788
0.452 0.445 0.384 14.29
0.548 0.426 0.324 13.161
0.706 0.428 0.317 15.647
0.464 0.424 0.326 14.357
0.724 0.465 0.323 16
0.485 0.432 0.358 17.848
0.424 0.41 0.369 14.97
0.5 0.438 0.349 14.75
0.677 0.473 0.348 13.389
0.563 0.435 0.338 17.063
0.636 0.421 0.33 16.909
0.412 0.442 0.33 13.588
0.242 0.417 0.36 14.242
0.438 0.428 0.364 16.938
0.364 0.438 0.326 16.515
0.484 0.447 0.367 12.548
0.724 0.466 0.327 15.207
0.688 0.429 0.293 15.344
0.533 0.436 0.35 16.767
0.516 0.424 0.314 14.129
0.531 0.456 0.368 15.469
0.3 0.411 0.341 16.133