X_Income Y_Consumption SUMMARY OUTPUT

80 55
80 60 Regression Statistics
80 65 Multiple R 0.951435858
100 65 R Square 0.905230192
80 70 Adjusted R Square 0.903596229
100 70 Standard Error 11.31980261 11.31980261
100 74 Observations 60
80 75
120 79 ANOVA
100 80 df SS MS
140 80 Regression 1 70989.6 70989.6
120 84 Residual 58 7432 128.137931
100 85 Total 59 78421.6
100 88
120 90 Coefficients Standard Error t Stat
140 93 Intercept 17 4.66196662984 3.646529748
120 94 X_Income 0.6 0.02549134434 23.53740124
140 95
120 98
160 102
140 103
160 107
140 108
160 110
180 110
140 113
140 115
180 115
160 116
160 118
180 120
200 120
160 125
180 130
180 135
220 135
200 136
220 137
240 137
180 140
200 140
220 140
200 144
200 145
240 145
260 150
220 152
260 152
240 155
220 157
220 160
220 162
240 165
240 175
260 175
260 178
260 180
260 185
240 189
260 191
 F Significance F
554.0092573 2.30489E-31

P-value Lower 95% Upper 95%

0.000570144 7.6680598865 26.33194011
2.30489E-31 0.5489735303 0.65102647
Value

Multiple R

R Square

Ajusted R Square

Standard Error

ANOVA TABLE

Sum of Square due

to Regression
Sum of Square due
to Error
Total Error

Mean Sum of
Square due to
Regression (MSR)

Mean Sum of
Square of Errors
(MSE)
F Value
Explanation
It simply means correlation coefficient which is obtained by dividing the covariance by the Standard d
Standardard deviation of Y. It tells about the direction in which the two variables moves, whether they
relationship or a negative relationship. A value closer to 1 denotes a strong relationship and positive v
positive relationship between the variables.
R square is obtained by dividing the Sum of Squares due to Regression (SSR) by the Total Sum of Squ
indicates how much of the total variation is explained by the independent variable out of total variatio
occurred.
Adjusted R square panelizes the data for adding new independent variables that don't improve the mo
multiple regression especially, adding new predictors can improve the R Square by reducing the sum
This may create the problem of overfitting. Thus, if adjusted r square is taken into account, the value
decreases with addition of each predictor that does not improve the model.
It is basically the standard deviation of residuals (Errors). On average, how far are our predicted value
value. Square Root (Sum of Square of Residual/ n-k-1). It is the error of the model.

The variation which is explained by the independent variable. (Y forecast - Y mean) square

The square of unexplained variation from regression model. (y - y forecast) square

Sum of square due to regression and Sum of Square of Error. It is the total variation of Y from its mean

It is the mean of variation explained by independent variables. How much variation does one indepen
explains? In case of Simple Linear Regression, the SSR is equal to MSR but in case of multiple regress
divided by number of predictors (independent variables).

Mean Sum of Squares of Errors (MSE) represents the average of the squared residuals i.e., the part of
in the dependent variable that the model could not explain. In our case, we have 60 observations. On
freedom is used for estimating the regression coefficient (predictor), and another for the intercept.
The value of F
n) Square.
X_Income Y_Consumption X - X mean (a) Y-Ymean (b) a*b a^2 y forecast
80 55 -93.66666667 -66.2 6200.733 8773.444 65
80 60 -93.66666667 -61.2 5732.4 8773.444 65
80 65 -93.66666667 -56.2 5264.067 8773.444 65
100 65 -73.66666667 -56.2 4140.067 5426.778 77
80 70 -93.66666667 -51.2 4795.733 8773.444 65
100 70 -73.66666667 -51.2 3771.733 5426.778 77
100 74 -73.66666667 -47.2 3477.067 5426.778 77
80 75 -93.66666667 -46.2 4327.4 8773.444 65
120 79 -53.66666667 -42.2 2264.733 2880.111 89
100 80 -73.66666667 -41.2 3035.067 5426.778 77
140 80 -33.66666667 -41.2 1387.067 1133.444 101
120 84 -53.66666667 -37.2 1996.4 2880.111 89
100 85 -73.66666667 -36.2 2666.733 5426.778 77
100 88 -73.66666667 -33.2 2445.733 5426.778 77
120 90 -53.66666667 -31.2 1674.4 2880.111 89
140 93 -33.66666667 -28.2 949.4 1133.444 101
120 94 -53.66666667 -27.2 1459.733 2880.111 89
140 95 -33.66666667 -26.2 882.0667 1133.444 101
120 98 -53.66666667 -23.2 1245.067 2880.111 89
160 102 -13.66666667 -19.2 262.4 186.7778 113
140 103 -33.66666667 -18.2 612.7333 1133.444 101
160 107 -13.66666667 -14.2 194.0667 186.7778 113
140 108 -33.66666667 -13.2 444.4 1133.444 101
160 110 -13.66666667 -11.2 153.0667 186.7778 113
180 110 6.3333333333 -11.2 -70.93333 40.11111 125
140 113 -33.66666667 -8.2 276.0667 1133.444 101
140 115 -33.66666667 -6.2 208.7333 1133.444 101
180 115 6.3333333333 -6.2 -39.26667 40.11111 125
160 116 -13.66666667 -5.2 71.06667 186.7778 113
160 118 -13.66666667 -3.2 43.73333 186.7778 113
180 120 6.3333333333 -1.2 -7.6 40.11111 125
200 120 26.333333333 -1.2 -31.6 693.4444 137
160 125 -13.66666667 3.8 -51.93333 186.7778 113
180 130 6.3333333333 8.8 55.73333 40.11111 125
180 135 6.3333333333 13.8 87.4 40.11111 125
220 135 46.333333333 13.8 639.4 2146.778 149
200 136 26.333333333 14.8 389.7333 693.4444 137
220 137 46.333333333 15.8 732.0667 2146.778 149
240 137 66.333333333 15.8 1048.067 4400.111 161
180 140 6.3333333333 18.8 119.0667 40.11111 125
200 140 26.333333333 18.8 495.0667 693.4444 137
220 140 46.333333333 18.8 871.0667 2146.778 149
200 144 26.333333333 22.8 600.4 693.4444 137
200 145 26.333333333 23.8 626.7333 693.4444 137
 240 145 66.333333333 23.8 1578.733 4400.111 161
260 150 86.333333333 28.8 2486.4 7453.444 173
220 152 46.333333333 30.8 1427.067 2146.778 149
260 152 86.333333333 30.8 2659.067 7453.444 173
240 155 66.333333333 33.8 2242.067 4400.111 161
220 157 46.333333333 35.8 1658.733 2146.778 149
220 160 46.333333333 38.8 1797.733 2146.778 149
220 162 46.333333333 40.8 1890.4 2146.778 149
240 165 66.333333333 43.8 2905.4 4400.111 161
240 175 66.333333333 53.8 3568.733 4400.111 161
260 175 86.333333333 53.8 4644.733 7453.444 173
260 178 86.333333333 56.8 4903.733 7453.444 173
260 180 86.333333333 58.8 5076.4 7453.444 173
260 185 86.333333333 63.8 5508.067 7453.444 173
240 189 66.333333333 67.8 4497.4 4400.111 161
260 191 86.333333333 69.8 6026.067 7453.444 173
-1.591616E-12 -1.733724E-12 118316 197193.3

X mean 173.6666666667
Y mean 121.2
B1 0.6
B0 17
Total Error (SST) 78421.6
Unexplained Error (SSE) 7432
Explained Error (SSR) 70989.6
R square 0.905230191682

Correlation Coefficient 0.951435857892

Standard Error 11.31980260581
y-y forecast (d) d^2 b^2 (Y forecast - Y mean )^2
-10 100 4382.44 3158.44
-5 25 3745.44 3158.44
0 0 3158.44 3158.44
-12 144 3158.44 1953.64
5 25 2621.44 3158.44
-7 49 2621.44 1953.64
-3 9 2227.84 1953.64
10 100 2134.44 3158.44
-10 100 1780.84 1036.84
3 9 1697.44 1953.64
-21 441 1697.44 408.04
-5 25 1383.84 1036.84
8 64 1310.44 1953.64
11 121 1102.24 1953.64
1 1 973.44 1036.84
-8 64 795.24 408.04
5 25 739.84 1036.84
-6 36 686.44 408.04
9 81 538.24 1036.84
-11 121 368.64 67.2400000000001
2 4 331.24 408.04
-6 36 201.64 67.2400000000001
7 49 174.24 408.04
-3 9 125.44 67.2400000000001
-15 225 125.44 14.44
12 144 67.24 408.04
14 196 38.44 408.04
-10 100 38.44 14.44
3 9 27.04 67.2400000000001
5 25 10.24 67.2400000000001
-5 25 1.44 14.44
-17 289 1.44 249.64
12 144 14.44 67.2400000000001
5 25 77.44 14.44
10 100 190.44 14.44
-14 196 190.44 772.84
-1 1 219.04 249.64
-12 144 249.64 772.84
-24 576 249.64 1584.04
15 225 353.44 14.44
3 9 353.44 249.64
-9 81 353.44 772.84
7 49 519.84 249.64
8 64 566.44 249.64
-16 256 566.44 1584.04
-23 529 829.44 2683.24
3 9 948.64 772.84
-21 441 948.64 2683.24
-6 36 1142.44 1584.04
8 64 1281.64 772.84
11 121 1505.44 772.84
13 169 1664.64 772.84
4 16 1918.44 1584.04
14 196 2894.44 1584.04
2 4 2894.44 2683.24
5 25 3226.24 2683.24
7 49 3457.44 2683.24
12 144 4070.44 2683.24
28 784 4596.84 1584.04
18 324 4872.04 2683.24
7432 78421.6 70989.6
X_Income Y_Consumption
80 55
80 60 Y_Consumption
80 65 250
100 65
80 70 200
100 70
100 74
150
80 75
120 79
100
100 80
140 80
120 84 50
100 85
100 88 0
50 100 150 200 250 300
120 90
140 93
120 94
140 95
120 98
160 102
140 103
160 107
140 108
160 110
180 110
140 113
140 115
180 115
160 116
160 118
180 120
200 120
160 125
180 130
180 135
220 135
200 136
220 137
240 137
180 140
200 140
220 140
200 144
200 145
240 145
260 150
220 152
260 152
240 155
220 157
220 160
220 162
240 165
240 175
260 175
260 178
260 180
260 185
240 189
260 191
250 300
X_Income Y_Consumption Y_hat Error Sq. Error
80 55 65 10 100
80 60 65 5 25 Error
80 65 65 0 0 30
100 65 77 12 144
20
80 70 65 -5 25
100 70 77 7 49 10
100 74 77 3 9
80 75 65 -10 100 0
40 60 80 100 12
120 79 89 10 100 -10
100 80 77 -3 9
140 80 101 21 441 -20
120 84 89 5 25
-30
100 85 77 -8 64
100 88 77 -11 121 -40
120 90 89 -1 1
140 93 101 8 64
120 94 89 -5 25
140 95 101 6 36
120 98 89 -9 81
160 102 113 11 121
140 103 101 -2 4
160 107 113 6 36
140 108 101 -7 49
160 110 113 3 9
180 110 125 15 225
140 113 101 -12 144
140 115 101 -14 196
180 115 125 10 100
160 116 113 -3 9
160 118 113 -5 25
180 120 125 5 25
200 120 137 17 289
160 125 113 -12 144
180 130 125 -5 25
180 135 125 -10 100
220 135 149 14 196
200 136 137 1 1
220 137 149 12 144
240 137 161 24 576
180 140 125 -15 225
200 140 137 -3 9
220 140 149 9 81
200 144 137 -7 49
200 145 137 -8 64
 240 145 161 16 256
260 150 173 23 529
220 152 149 -3 9
260 152 173 21 441
240 155 161 6 36
220 157 149 -8 64
220 160 149 -11 121
220 162 149 -13 169
240 165 161 -4 16
240 175 161 -14 196
260 175 173 -2 4
260 178 173 -5 25
260 180 173 -7 49
260 185 173 -12 144
240 189 161 -28 784
260 191 173 -18 324

Coefficient 0.6
Intercept 17
 Error Error
30 30

20 20

10 10

0 0
40 60 80 100 120 140 160 180 50 100 150 200 250
-10 -10

-20 -20

-30 -30

-40 -40

ERROR

Mean 0 This chart isn't available in your version of Excel.

Standard Error 1.448942728
Median -2.5 Editing this shape or saving this workbook into a different file format
will permanently break the chart.
Mode -5
Standard Deviation 11.22346211
Sample Variance 125.9661017
Kurtosis -0.36715595
Skewness 0.214454882
Range 52
Minimum -28
Maximum 24
Sum 0
Count 60
5.5761E+268
Error

200 250 300

l.

a different file format

X_Income Y_Consumption Y_hat Error Sq. Error
80 55 65 10 100
80 60 65 5 25 SUMMARY OUTPUT
80 65 65 0 0
100 65 77 12 144 Regression Statistics
80 70 65 -5 25 Multiple R 0.3845917904
100 70 77 7 49 R Square 0.1479108453
100 74 77 3 9 Adjusted R Square 0.1332196529
80 75 65 -10 100 Standard Error 145.45508498
120 79 89 10 100 Observations 60
100 80 77 -3 9
140 80 101 21 441 ANOVA
120 84 89 5 25 df
100 85 77 -8 64 Regression 1
100 88 77 -11 121 Residual 58
120 90 89 -1 1 Total 59
140 93 101 8 64
120 94 89 -5 25 Coefficients
140 95 101 6 36 Intercept -86.078388947
120 98 89 -9 81 X Variable 1 1.7322199308
160 102 113 11 121
140 103 101 -2 4
160 107 113 6 36
140 108 101 -7 49 RESIDUAL OUTPUT
160 110 113 3 9
180 110 125 15 225 Observation Predicted Y
140 113 101 -12 144 1 26.515906555
140 115 101 -14 196 2 26.515906555
180 115 125 10 100 3 26.515906555
160 116 113 -3 9 4 47.302545725
160 118 113 -5 25 5 26.515906555
180 120 125 5 25 6 47.302545725
200 120 137 17 289 7 47.302545725
160 125 113 -12 144 8 26.515906555
180 130 125 -5 25 9 68.089184895
180 135 125 -10 100 10 47.302545725
220 135 149 14 196 11 88.875824064
200 136 137 1 1 12 68.089184895
220 137 149 12 144 13 47.302545725
240 137 161 24 576 14 47.302545725
180 140 125 -15 225 15 68.089184895
200 140 137 -3 9 16 88.875824064
220 140 149 9 81 17 68.089184895
200 144 137 -7 49 18 88.875824064
200 145 137 -8 64 19 68.089184895
 240 145 161 16 256 20 109.66246323
260 150 173 23 529 21 88.875824064
220 152 149 -3 9 22 109.66246323
260 152 173 21 441 23 88.875824064
240 155 161 6 36 24 109.66246323
220 157 149 -8 64 25 130.4491024
220 160 149 -11 121 26 88.875824064
220 162 149 -13 169 27 88.875824064
240 165 161 -4 16 28 130.4491024
240 175 161 -14 196 29 109.66246323
260 175 173 -2 4 30 109.66246323
260 178 173 -5 25 31 130.4491024
260 180 173 -7 49 32 151.23574157
260 185 173 -12 144 33 109.66246323
240 189 161 -28 784 34 130.4491024
260 191 173 -18 324 35 130.4491024
36 172.02238074
Coefficient 0.6 37 151.23574157
Intercept 17 38 172.02238074
39 192.80901991
40 130.4491024
41 151.23574157
42 172.02238074
43 151.23574157
44 151.23574157
45 192.80901991
46 213.59565908
47 172.02238074
48 213.59565908
49 192.80901991
50 172.02238074
51 172.02238074
52 172.02238074
53 192.80901991
54 192.80901991
55 213.59565908
56 213.59565908
57 213.59565908
58 213.59565908
59 192.80901991
60 213.59565908
 SS MS F Significance F
213010.392003 213010.392 10.0679946 0.0024134161
1227116.54133 21157.1817
1440126.93333

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
68.7789560701 -1.25152218 0.21576824 -223.75442785 51.59765 -223.754428 51.59765
0.54592319123 3.17301034 0.00241342 0.6394359339 2.82500393 0.63943593 2.82500393

X Variable 1 Residual Plot

Residuals
73.4840934447 700
-1.5159065553 600
-26.515906555
96.697454275 500
-1.5159065553 400
1.69745427499
300
-38.302545725
Residuals

73.4840934447 200
31.9108151053
100
-38.302545725
352.124175936 0
50 70 90 110 130 150 170 190
-43.089184895 -100
16.697454275
73.697454275 -200
-67.089184895 -300
-24.875824064
X Variable 1
-43.089184895
-52.875824064
12.9108151053
11.3375367659
-84.875824064
-73.662463234
-39.875824064
-100.66246323
94.5508975963
55.1241759356
107.124175936
-30.449102404
-100.66246323
-84.662463234
-105.4491024
137.764258427
34.3375367659
-105.4491024
-30.449102404
23.9776192569
-150.23574157
-28.022380743
383.190980087
94.5508975963
-142.23574157
-91.022380743
-102.23574157
-87.235741573
63.1909800872
315.404340918
-163.02238074
227.404340918
-156.80901991
-108.02238074
-51.022380743
-3.0223807431
-176.80901991
3.19098008722
-209.59565908
-188.59565908
-164.59565908
-69.595659082
591.190980087
110.404340918
 700

600

500

400

300

200

100

0
170 190
-100

-200

-300
X_Income Y_Consumption Ln_Y Y_hat Error Sq. Error
80 55 4.00733319 65 -10 100
80 60 4.09434456 65 -5 25
80 65 4.17438727 65 0 0
100 65 4.17438727 77 -12 144
80 70 4.24849524 65 5 25
100 70 4.24849524 77 -7 49
100 74 4.30406509 77 -3 9
80 75 4.31748811 65 10 100
120 79 4.36944785 89 -10 100
100 80 4.38202663 77 3 9
140 80 4.38202663 101 -21 441
120 84 4.4308168 89 -5 25
100 85 4.44265126 77 8 64
100 88 4.47733681 77 11 121
120 90 4.49980967 89 1 1
140 93 4.53259949 101 -8 64
120 94 4.54329478 89 5 25
140 95 4.55387689 101 -6 36
120 98 4.58496748 89 9 81
160 102 4.62497281 113 -11 121
140 103 4.63472899 101 2 4
160 107 4.67282883 113 -6 36
140 108 4.68213123 101 7 49
160 110 4.70048037 113 -3 9
180 110 4.70048037 125 -15 225
140 113 4.72738782 101 12 144
140 115 4.74493213 101 14 196
180 115 4.74493213 125 -10 100
160 116 4.75359019 113 3 9
160 118 4.77068462 113 5 25
180 120 4.78749174 125 -5 25
200 120 4.78749174 137 -17 289
160 125 4.82831374 113 12 144
180 130 4.86753445 125 5 25
180 135 4.90527478 125 10 100
220 135 4.90527478 149 -14 196
200 136 4.91265489 137 -1 1
220 137 4.91998093 149 -12 144
240 137 4.91998093 161 -24 576
180 140 4.94164242 125 15 225
200 140 4.94164242 137 3 9
220 140 4.94164242 149 -9 81
200 144 4.9698133 137 7 49
200 145 4.97673374 137 8 64
 240 145 4.97673374 161 -16 256
260 150 5.01063529 173 -23 529
220 152 5.02388052 149 3 9
260 152 5.02388052 173 -21 441
240 155 5.04342512 161 -6 36
220 157 5.05624581 149 8 64
220 160 5.07517382 149 11 121
220 162 5.08759634 149 13 169
240 165 5.10594547 161 4 16
240 175 5.16478597 161 14 196
260 175 5.16478597 173 2 4
260 178 5.18178355 173 5 25
260 180 5.19295685 173 7 49
260 185 5.22035583 173 12 144
240 189 5.24174702 161 28 784
260 191 5.25227343 173 18 324

Coefficient 0.6
Intercept 17
SUMMARY OUTPUT

Regression Statistics P-value 0.00 Since H1 is accepted, we have aga

Multiple R 0.9477108350888 Chi Square Value 53.8893496167
R Square 0.8981558269447
Adjusted R Square 0.8963998929265
Standard Error 0.1033747216203
Observations 60

ANOVA
df SS MS F Significance F
Regression 1 5.466032445467 5.46603244547 511.49748091 1.866426E-30
Residual 58 0.6198073180639 0.01068633307
Total 59 6.0858397635309

Coefficients Standard Error t Stat P-value Lower 95%

Intercept 3.8348739459446 0.0425740200024 90.0754484948 5.039368E-64 3.7496527857
X Variable 1 0.0052648983238 0.0002327921004 22.6163100639 1.866426E-30 0.0047989143

RESIDUAL OUTPUT

Observation Predicted Y Residuals Sq. of Residual

1 4.2560658118504 -0.2487326266179 0.06186791954
2 4.2560658118504 -0.1617212496283 0.02615376258
3 4.2560658118504 -0.0816785419547 0.00667138422
4 4.3613637783268 -0.1869765084312 0.03496021471
5 4.2560658118504 -0.007570569801 5.7313527E-05
6 4.3613637783268 -0.1128685362775 0.01273930648
7 4.3613637783268 -0.0572986851227 0.00328313932
8 4.2560658118504 0.0614223016859 0.00377269914
9 4.4666617448033 -0.0972138923363 0.00945054086
10 4.3613637783268 0.0206628563471 0.00042695363
11 4.5719597112797 -0.1899330766058 0.03607457359
12 4.4666617448033 -0.03584494596 0.00128486015
13 4.3613637783268 0.0812874781635 0.00660765411
14 4.3613637783268 0.1159730361514 0.01344974511
15 4.4666617448033 0.033147925527 0.00109878497
16 4.5719597112797 -0.0393602181265 0.00154922677
17 4.4666617448033 0.0766330374667 0.00587262243
18 4.5719597112797 -0.0180828196792 0.00032698837
19 4.4666617448033 0.1183057338673 0.01399624667 SUMMARY OUTPUT
20 4.6772576777562 -0.0522848644719 0.00273370705
21 4.5719597112797 0.0627692769499 0.00393998213 Regression Statistics
22 4.6772576777562 -0.0044288432943 1.9614653E-05 Multiple R
23 4.5719597112797 0.1101715158445 0.0121377629 R Square
24 4.6772576777562 0.0232226880362 0.00053929324 Adjusted R Squ
25 4.7825556442326 -0.0820752784402 0.00673635133 Standard Error
26 4.5719597112797 0.1554281074326 0.02415789658 Observations
27 4.5719597112797 0.1729724170835 0.02991945707
28 4.7825556442326 -0.0376235158694 0.00141552895 ANOVA
29 4.6772576777562 0.0763325133502 0.00582665259
30 4.6772576777562 0.0934269467095 0.00872859437 Regression
31 4.7825556442326 0.0049360985494 2.4365069E-05 Residual
32 4.8878536107091 -0.100361867927 0.01007250453 Total
33 4.6772576777562 0.1510560595461 0.02281793313
34 4.7825556442326 0.084978806223 0.00722139751
35 4.7825556442326 0.1227191342058 0.0150599859 Intercept
36 4.9931515771855 -0.0878767987471 0.00772233176 X Variable 1
37 4.8878536107091 0.024801275027 0.00061510324
38 4.9931515771855 -0.0731706513574 0.00535394422
39 5.098449543662 -0.1784686178339 0.03185104755
40 4.7825556442326 0.1590867783767 0.02530860305 RESIDUAL OUTPUT
41 4.8878536107091 0.0537888119002 0.00289323629
42 4.9931515771855 -0.0515091545762 0.00265319301 Observation
43 4.8878536107091 0.0819596888669 0.0067173906 1
44 4.8878536107091 0.0888801317115 0.00789967781 2
45 5.098449543662 -0.1217158012414 0.01481473627 3
46 5.2037475101384 -0.1931122160422 0.03729232798 4
47 4.9931515771855 0.0307289436607 0.00094426798 5
48 5.2037475101384 -0.1798669892922 0.03235213384 6
49 5.098449543662 -0.0550244267427 0.00302768754 7
50 4.9931515771855 0.0630942281628 0.00398088163 8
51 4.9931515771855 0.0820222380483 0.00672764753 9
52 4.9931515771855 0.0944447580468 0.00891981232 10
53 5.098449543662 0.0074959302386 5.618897E-05 11
54 5.098449543662 0.0663364302615 0.00440052198 12
55 5.2037475101384 -0.0389615362149 0.0015180013 13
56 5.2037475101384 -0.0219639598464 0.00048241553 14
57 5.2037475101384 -0.0107906592482 0.00011643833 15
58 5.2037475101384 0.0166083149399 0.00027583613 16
59 5.098449543662 0.1432974713977 0.02053416531 17
60 5.2037475101384 0.0485259179082 0.00235476471 18
19
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ce H1 is accepted, we have again done with residual square

X Variable 1 Residual Plot

0.2
0.15
0.1
0.05

Residuals
0
-0.05 50 100 150 200
Upper 95% Lower 95.0% Upper 95.0% -0.1
-0.15
3.9200951062 3.7496527857 3.92009511 -0.2
0.0057308823 0.0047989143 0.00573088 -0.25
-0.3
X Variable 1

Residuals
0.2
0.15
0.1
0.05
0 0.06
4 4.2 4.4 4.6 4.8 5 5.2 5.4
-0.05
-0.1 0.05
-0.15
-0.2 0.04
-0.25
-0.3 0.03
Residuals

0.02

0.01

MMARY OUTPUT
0

-0.01
 R
0.01

Regression Statistics
-0.01
0.1460355663 P value 0.2579765471
0.0213263866 Chi Square 1.279583197
-0.02
0.0044527036
0.0124902632
60

df SS MS F Significance F
1 0.0001971744 0.00019717 1.2638845135 0.26554848
58 0.0090483871 0.00015601
59 0.0092455615

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
0.0388541381 0.0254233207 1.5282873 0.1318769542 -0.01203617 0.08974444 -0.01203617 0.08974444
-0.0060060533 0.0053423887 -1.12422618 0.2655484846 -0.01670001 0.0046879 -0.01670001 0.0046879

SIDUAL OUTPUT

Predicted Y Residuals
0.01329198 0.0485759396
0.01329198 0.0128617826
0.01329198 -0.0066205958
0.0126595548 0.0223006599
0.01329198 -0.0132346665
0.0126595548 7.9751697E-05
0.0126595548 -0.0093764155
0.01329198 -0.0095192808
0.0120271296 -0.0025765887
0.0126595548 -0.0122326012
0.0113947044 0.0246798692
0.0120271296 -0.0107422694
0.0126595548 -0.0060519007
0.0126595548 0.0007901903
0.0120271296 -0.0109283446
0.0113947044 -0.0098454776
0.0120271296 -0.0061545072
0.0113947044 -0.011067716
0.0120271296 0.0019691171
0.0107622792 -0.0080285721
0.0113947044 -0.0074547223
0.0107622792 -0.0107426645
0.0113947044 0.0007430585
0.0107622792 -0.0102229859
0.010129854 -0.0033935027
0.0113947044 0.0127631922
0.0113947044 0.0185247527
0.010129854 -0.008714325
0.0107622792 -0.0049356266
0.0107622792 -0.0020336848
0.010129854 -0.0101054889
0.0094974288 0.0005750757
0.0107622792 0.0120556539
0.010129854 -0.0029084565
0.010129854 0.0049301319
0.0088650036 -0.0011426718
0.0094974288 -0.0088823255
0.0088650036 -0.0035110594
0.0082325784 0.0236184692
0.010129854 0.0151787491
0.0094974288 -0.0066041925
0.0088650036 -0.0062118106
0.0094974288 -0.0027800382
0.0094974288 -0.001597751
0.0082325784 0.0065821579
0.0076001532 0.0296921748
0.0088650036 -0.0079207356
0.0076001532 0.0247519806
0.0082325784 -0.0052048909
0.0088650036 -0.004884122
0.0088650036 -0.0021373561
0.0088650036 5.4808732E-05
0.0082325784 -0.0081763894
0.0082325784 -0.0038320564
0.0076001532 -0.0060821519
0.0076001532 -0.0071177377
0.0076001532 -0.0074837149
0.0076001532 -0.0073243171
0.0082325784 0.0123015869
0.0076001532 -0.0052453885
 Residual Plot

50 200 250 300

X Variable 1

X Variable 1 Residual Plot

0.06

0.05

0.04

0.03
Residuals

0.02

0.01

0
4 4.2 4.4 4.6 4.8 5 5.2 5.4

-0.01
 R
0.01

0
4 4.2 4.4 4.6 4.8 5 5.2 5.4

-0.01

-0.02
X Variable 1

pper 95.0%
5.4
5.4
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.1460355663 Chi Square 1.2795832
R Square 0.0213263866 P - Value 0.25797655
Adjusted R Square 0.0044527036
Standard Error 0.0124902632
Observations 60

ANOVA
df SS MS F Significance F
Regression 1 0.00019717442 0.00019717 1.26388451 0.2655484846
Residual 58 0.00904838707 0.00015601
Total 59 0.00924556149

Coefficients Standard Error t Stat P-value Lower 95% Upper 95%

Intercept 0.0158216808 0.00514401108 3.0757478 0.00320092 0.0055248239 0.02611854
X Variable 1 -3.162126E-05 2.81271335E-05 -1.12422618 0.26554848 -8.792383E-05 2.46813E-05

RESIDUAL OUTPUT

Observation Predicted Y Residuals

1 0.01329198 0.04857593956
2 0.01329198 0.0128617826
3 0.01329198 -0.00662059577
4 0.0126595548 0.02230065992
5 0.01329198 -0.01323466646
6 0.0126595548 7.97516973E-05
7 0.0126595548 -0.00937641547
8 0.01329198 -0.00951928084
9 0.0120271296 -0.00257658872
10 0.0126595548 -0.01223260115
11 0.0113947044 0.0246798692
12 0.0120271296 -0.01074226943
13 0.0126595548 -0.00605190068
14 0.0126595548 0.00079019033
15 0.0120271296 -0.01092834462
16 0.0113947044 -0.00984547762
17 0.0120271296 -0.00615450715
18 0.0113947044 -0.01106771602
19 0.0120271296 0.00196911708
20 0.0107622792 -0.00802857213
21 0.0113947044 -0.00745472226
22 0.0107622792 -0.01074266453
23 0.0113947044 0.00074305852
24 0.0107622792 -0.01022298595
25 0.010129854 -0.00339350266
26 0.0113947044 0.01276319219
27 0.0113947044 0.01852475269
28 0.010129854 -0.00871432504
29 0.0107622792 -0.00493562659
30 0.0107622792 -0.00203368482
31 0.010129854 -0.01010548892
32 0.0094974288 0.00057507574
33 0.0107622792 0.01205565394
34 0.010129854 -0.00290845648
35 0.010129854 0.00493013191
36 0.0088650036 -0.00114267183
37 0.0094974288 -0.00888232555
38 0.0088650036 -0.00351105937
39 0.0082325784 0.02361846916
40 0.010129854 0.01517874907
41 0.0094974288 -0.0066041925
42 0.0088650036 -0.00621181058
43 0.0094974288 -0.00278003819
44 0.0094974288 -0.00159775098
45 0.0082325784 0.00658215788
46 0.0076001532 0.02969217479
47 0.0088650036 -0.00792073561
48 0.0076001532 0.02475198065
49 0.0082325784 -0.00520489085
50 0.0088650036 -0.00488412196
51 0.0088650036 -0.00213735606
52 0.0088650036 5.48087325E-05
53 0.0082325784 -0.00817638942
54 0.0082325784 -0.00383205641
55 0.0076001532 -0.00608215189
56 0.0076001532 -0.00711773766
57 0.0076001532 -0.00748371487
58 0.0076001532 -0.00732431707
59 0.0082325784 0.01230158692
60 0.0076001532 -0.00524538848
 X Variable 1 Residual Plot
0.06
0.04

Residuals
0.02
0
50 100 150 200 250 300
-0.02
X Variable 1

Lower 95.0% Upper 95.0%

0.00552482 0.02611854
-8.7924E-05 2.46813E-05
50 300
If the variance of the residuals changes with the fitted values or independent variables, then the model has hetero

Predicted Y (ŷ) reflects the combined effect of all Xs. If variance changes with the s

Regressing on original X variables gives a more detailed view of where heteroskedasticity might be coming from.
es, then the model has heteroskedast

ce changes with the size of the predicted value, it's a clue that errors are not constant acro

ticity might be coming from. It gives exactly same value of p-value and chi square as shown in the earlier sheets.