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Worksheet 1

The document presents regression analysis statistics for a dataset correlating price and catch, showing a strong relationship with an R-squared value of 0.732. The regression coefficients indicate that for each unit increase in catch, the price decreases by approximately 29.39. The analysis includes residual outputs and ANOVA results, highlighting the significance of the regression model.

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mridul.jhunjhunwala.2023
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7 views5 pages

Worksheet 1

The document presents regression analysis statistics for a dataset correlating price and catch, showing a strong relationship with an R-squared value of 0.732. The regression coefficients indicate that for each unit increase in catch, the price decreases by approximately 29.39. The analysis includes residual outputs and ANOVA results, highlighting the significance of the regression model.

Uploaded by

mridul.jhunjhunwala.2023
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Price Catch

190 7.23
160 8.53
134 9.82
129 10.26
172 8.96
197 12.27
167 10.28
239 4.45
542 1.87
372 4
245 3.3
376 4.3
454 0.8
410 0.5

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.85566798029
R Square 0.7321676925
Adjusted R Square 0.70984833354
Standard Error 72.1264837982
Observations 14

ANOVA
df SS MS
Regression 1 170654.744019 170654.744018928
Residual 12 62426.7559811 5202.22966508931
Total 13 233081.5

Coefficients Standard Error t Stat


Intercept 452.265001109 37.1312818855 12.1801612587467
Catch -29.3948251765 5.13223411732 -5.7274910895671

Y bar 270.5

RESIDUAL OUTPUT

Observation Predicted Price Residuals Residual square


1 239.740415083 -49.740415083 2474.10889264326
2 201.527142354 -41.527142354 1724.50355206168
3 163.607817876 -29.607817876 876.622879375784
4 150.674094798 -21.674094798 469.766385325151
5 188.887367528 -16.887367528 285.183182017742
6 91.5904961935 105.409503807 11111.1634927361
7 150.086198295 16.9138017052 286.076688124278
8 321.458029074 -82.458029074 6799.32655874662
9 397.296678029 144.703321971 20939.0513893598
10 334.685700403 37.3142995967 1392.35695439225
11 355.262078027 -110.26207803 12157.7258508023
12 325.86725285 50.1327471497 2513.29233677129
13 428.749140968 25.2508590318 637.605881845691
14 437.567588521 -27.567588521 759.971936869743
SUM= 62426.7559810716
Catch
14

12

10
f(x) = − 0.024908047185212 x + 12.9211981921713
8 R² = 0.73216769249781

0
100 150 200 250 300 350 400 450 500 550 600

Catch Residual Plot


200
100
Residuals

0
-100 0 2 4 6 8 10 12 14

-200
Catch

F Significance F
32.80415 9.4931942E-05

P-value Lower 95% Upper 95% Lower 90.0% Upper 90.0%


4.095E-08 371.36288776 533.16711446 386.08637948 518.44362274
9.493E-05 -40.577002716 -18.212647637 -38.541942176 -20.247708177

ESS
946.1521
4757.255
11425.94
14358.25
6660.622
32008.61
14499.48
2596.721
16077.4
4119.804
7184.61
3065.533
25042.79
27911.58
170654.7
00 550 600

2 14

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