Meal Tips Residuals Error (Squared Residuals)

1 50 -50 2500
2 170 70 4900
3 110 10 100
4 80 -20 400
5 140 40 1600
6 50 -50 2500

Mean 100 12000

sd 109.5445

Sum of Squared Error (SSE) 12000

 Tips
180
160
140
120
100
80
60
40
20
0
0 1 2 3 4 5 6 7
Meal Bill Tips Y^ (Estmated tip) Residual Residual sq.
1 340 50 41.5054 8.4946 72.15823
2 1080 170 149.6934 20.3066 412.358
3 640 110 85.3654 24.6346 606.8635
4 880 80 120.4534 -40.4534 1636.478
5 990 140 136.5354 3.4646 12.00345 180
6 510 50 66.3594 -16.3594 267.63
160
140 f(x) = 0.146219686
Mean 740 100 SSE 3007.491 R² = 0.7493758915
120
100
740.099863201094 80
60
0.865665
40
20
0
300 400 500
 Tips
180
160
140 f(x) = 0.146219686162625 x − 8.20256776034242
R² = 0.749375891583452
120
100
80
60
40
20
0
300 400 500 600 700 800 900 1000 1100 1200
Meal Bill Tips Z-Bill Z-Tips
1 340 50 -1.38 -1.020621
2 1080 170 1.17 1.428869
3 640 110 -0.34 0.204124
4 880 80 0.48 -0.408248 Z-Tips
5 990 140 0.86 0.816497 2
6 510 50 -0.79 -1.020621
1.5

Mean 740 100 0.00 0.00 f(x) = 0.865664999629448 x − 7.8471952538

1
Sd 290.0345 48.98979 1 1
0.5

0
-2.00 -1.50 -1.00 -0.50 0.00
-0.5

-1

-1.5
 Z-Tips
2

1.5
.865664999629448 x − 7.84719525388772E-17
1

0.5

0
.00 -0.50 0.00 0.50 1.00 1.50
-0.5

-1

-1.5
Meal Bill Tips
1 340 50
2 1080 170
3 640 110
4 880 80
5 990 140
6 510 50

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.86566499963
R Square 0.74937589158
Adjusted R Square 0.68671986448
Standard Error 27.4202903932
Observations 6

ANOVA
df SS MS F Significance F
Regression 1 8992.510699001 8992.511 11.960156528 0.02585674101
Residual 4 3007.489300999 751.8723
Total 5 12000

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -8.2025677603 33.22968438267 -0.246845 0.8171796973 -100.46296231
Bill 0.14621968616 0.042280237255 3.458346 0.025856741 0.02883092839
 Upper 95% Lower 95.0% Upper 95.0%
84.057826791 -100.46296231 84.057826791
0.2636084439 0.0288309284 0.2636084439