Annual Store Square Feet Sales ($1000)

1 1,726 3,681 r 0.970557

2 1,542 3,395
3 2,816 6,653 Square Feet
4 5,555 9,543 Square Feet 1
5 1,292 3,318 Sales ($1000) 0.970557
6 2,208 5,563
7 1,313 3,760 SUMMARY OUTPUT

Regression Statistics
Multiple R 0.970557
R Square 0.941981
Adjusted R Square 0.930378
Standard Error 611.7515
Observations 7

ANOVA
df
Regression 1
Residual 5
Total 6

Coefficients
Intercept 1636.415
Square Feet 1.486634

RESIDUAL OUTPUT

Observation
Predicted Sales ($1000)
1 4202.344
2 3928.804
3 5822.775
4 9894.665
5 3557.145
6 4918.902
7 3588.365
Sales ($1000)

Square Feet Li
15,000

Sales ($1000)
10,000
5,000
0
0 0 0 0 0
00 00 00 00 00 0
1, 2, 3, 4, 5, 6,
Square Feet

SS MS F Significance F
30380456.1195 30380456.12 81.17909015 0.0002812009
1871199.59479 374239.919
32251655.7143

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
451.49533085 3.624433331 0.015148819 475.80902972 2797.0204224 475.80902972 2797.0204224
0.16499921234 9.009943959 0.000281201 1.0624896784 1.9107776347 1.0624896784 1.9107776347

6106.41

Residuals
-521.34441727
-533.80382447
830.224897095
-351.66468818
-239.14541033
644.098160274
171.635282881
 Square Feet Line Fit Plot
000
000 Sales ($1000)
000 Linear ( Sales ($1000))
0 Predicted Sales ($1000)
0 0 0 0 0 0
00 00 00 00 00 00
1, 2, 3, 4, 5, 6,
Square Feet
 You are a business analyst working for a retail store. You want to examine the relationship between the number of hours
spent on advertising and the monthly sales revenue (in thousands of dollars). You have collected the following data for 8
months:

Month Advertising Hours (X) Sales Revenue (Y)

1 10 25
2 12 30
3 14 35
4 16 40
5 18 45
6 20 50
7 22 55
8 24 60

§Fit a linear regression model to the data, with Advertising Hours (X) as the independent variable and Sales Revenue (Y) as the
§Calculate the regression coefficients (intercept and slope).
§Use the regression model to predict the sales revenue when advertising hours are 15 hours.
§Interpret the results, including the significance of the model and the strength of the relationship between advertising hours and
 between the number of hours
llected the following data for 8

able and Sales Revenue (Y) as the dependent variable.

hip between advertising hours and sales revenue.

 A company wants to analyze the relationship between the number of training hours and the productivity of employees.
Productivity is measured as the number of units produced per hour. Data was collected from 10 employees:

Productivity (Units
Employee Training Hours (X)
per Hour, Y)
1 5 20
2 8 25
3 3 15
4 10 30
5 6 22
6 4 18
7 9 27
8 7 23

§Fit a linear regression model to the data, with Training Hours (X) as the independent variable and Productivity (Y) as the depe
§Calculate the regression coefficients (intercept and slope).
§Use the regression model to predict the productivity when training hours is 15 hours.
§Interpret the results, including the significance of the model and the strength of the relationship between advertising hours and
he productivity of employees.
ted from 10 employees:

e and Productivity (Y) as the dependent variable.

hip between advertising hours and sales revenue.