ANALYSIS AND INTERPRETATION OF DATA

Regression Analysis
Table 5.1. Nike’s Actual Shares in August 2020
Date Period (x) Stock Price (y)
3 Aug 2020 1 98.11
4 Aug 2020 2 97.11
5 Aug 2020 3 100.72
6 Aug 2020 4 100.23
7 Aug 2020 5 101.63
10 Aug 2020 6 105.18
11 Aug 2020 7 104.89
12 Aug 2020 8 104.99
13 Aug 2020 9 106.28
14 Aug 2020 10 106.19
17 Aug 2020 11 105.43
18 Aug 2020 12 106.73
19 Aug 2020 13 108.15
20 Aug 2020 14 107.77
21 Aug 2020 15 109.51
  x= 8 y= 104.19

x - x̅ y - y̅ (x- x̅) (y - y̅) (x- x̅)2

-7 -6.08 42.56 49
-6 -7.08 42.48 36
-5 -3.47 17.35 25
-4 -3.96 15.84 16
-3 -2.56 7.68 9
-2 0.99 -1.98 4
-1 0.7 -0.7 1
0 0.8 0 0
1 2.09 2.09 1
2 2 4 4
3 1.24 3.72 9
4 2.54 10.16 16
5 3.96 19.8 25
6 3.58 21.48 36
7 5.32 37.24 49
    221.72 280
Using the formula, the following values can be obtained
Slope and intercept:
B1 = = = 0.79 (slope)

B0 = y̅ - b1x̅ = 97.86 (intercept)

Figure 5.1. Nike’s

Actual Shares Actual Shares in
115
August 2020

110
f(x) = 0.79 x + 97.86
R² = 0.89
105

100

95

90
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Table 5.2. Data Analysis of Actual Shares in August 2020

Regression Statistics
Multiple R 0.944917574
R Square 0.892869222
Adjusted R Square 0.884628393
Standard Error 1.27296769
Observations 15

  df SS MS F Significance F
Regression 1 175.5705657 175.5705657 108.347014 1.12787E-07
1
 Residual 13 21.06580762 1.62044674
Total 14 196.6363733      
  Coefficients Standard Error t Stat P-value
Intercept 97.85980952 0.691677388 141.4818689 4.13462E-22
X Variable 1 0.791857143 0.07607437 10.40898718 1.12787E-07

The linear equation obtained using the actual data is:

y = 97.86+0.79x̅
r1 = 0.944917574

Interpretation of the Result

The formula revealed the positive linear relationship between the period and the
stock price, it also shows the average rate of change in stock prices. The slope is
positive 0.79 and as the period increases by 1, stock prices increases by 0.79. 97.86 is
simply the value at which the fitted line crosses the y-axis in the graph.

Multiple r tells how strong the linear relationship is. The value of 0.944917574
means that there is a very strong positive linear relationship.
The p-value obtained, which is 1.12787E-07, is less than 0.05, thus, the study is
statistically significant and null hypothesis is rejected.

Table 6.1. Nike’s Projected Shares in August 2020

Date Period (x) Stock Price (y)
24 Aug 2020 16 110.5
25 Aug 2020 17 111.29
26 Aug 2020 18 112.08
27 Aug 2020 19 112.87
28 Aug 2020 20 113.66
31 Aug 2020 21 114.45
01 Sept 2020 22 115.24
02 Sept 2020 23 116.03
03 Sept 2020 24 116.82
04 Sept 2020 25 117.61
08 Sept 2020 26 118.4
 09 Sept 2020 27 119.19
10 Sept 2020 28 119.98
11 Sept 2020 29 120.77
 14 Sept 2020 30 121.56
  23 116.03
 Figure 6.1. Nike’s Projected Shares in August & September 2020

Projected Shares
124
122
120 f(x) = 0.79 x + 109.71
R² = 1
118
116
114
112
110
108
106
104
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Table 6.2. Data Analysis of Projected Shares in August 2020

Regression Statistics
Multiple R   df 1 SS MS F Significance F
RRegression
Square 1 1 174.748 174.748 8.48194E+3 3.4837E-195
Adjusted R Square 1 0
ResidualError
Standard 13
4.53898E-15 2.67831E- 2.06024E-29
Observations 15 28
Total 14 174.748      

r2 = 1

Interpretation of Result
Multiple R indicates the correlation between the observed values and the
predicted values. The value of r2 equals to 1, which indicates that there is a perfect
positive relationship between the variables.
 The p-value obtained, which is 3.4837E-195, is less than 0.05, thus, the study is
statistically significant and null hypothesis is rejected.
Table 7.1. Nike’s Actual & Projected Shares in August & September 2020
 Period Projected (x) Actual Price (y)
16 110.5 111.58

17 111.29 111.26
18 112.08 111.28
19 112.87 110.6
20 113.66 112.29
21 114.45 111.89
22 115.24 114.84
23 116.03 116.8
24 116.82 112.85
25 117.61 112.4
26 118.4 112.72
27 119.19 114.9
28 119.98 114.79
29 120.77 118
30 121.56 119.28
116.03 113.70

Figure 7.1. Nike’s Actual & Projected Shares in August & September 2020

Actual & Projected shares

124
122
120
118
116 f(x) = 0.46 x + 110
114 R² = 0.61
112
110
108
106
104
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Linear ()
 Table 7.2. Data Analysis of Actual & Projected Shares in August & September 2020

Regression Statistics
Multiple R 0.782360525
R Square 0.612087991
Adjusted R Square 0.582248605
Standard Error 1.707563365
Observations 15

  df SS MS F Significance
F
Regression 1 59.810528 59.81052893 20.51275466 0.00056634
9 1
Residual 13 37.905044 2.915772647
4
Total 14 97.715573      
3

r3 = 0.782360525

Interpretation of Result
Multiple R shows the correlation between response and the fitted values. 0.7824
equates to a strong linear relationship and it indicates that the predicted values are
78.24% accurate. The formula is fitted with respect to the predicted values compared
with the actual values.
The p-value obtained, which is 0.000566341, is less than 0.05, thus, the study is
statistically significant and null hypothesis is rejected.
Table 8.1. Nike’s Actual Shares for the Month – August & September 2020
Date Period (x) Stock Price (y)
3 Aug 2020 1 98.11
4 Aug 2020 2 97.11
5 Aug 2020 3 100.72
6 Aug 2020 4 100.23
7 Aug 2020 5 101.63
10 Aug 2020 6 105.18
11 Aug 2020 7 104.89
12 Aug 2020 8 104.99
13 Aug 2020 9 106.28
14 Aug 2020 10 106.19
17 Aug 2020 11 105.43
18 Aug 2020 12 106.73
19 Aug 2020 13 108.15
20 Aug 2020 14 107.77
21 Aug 2020 15 109.51
24 Aug 2020 16 111.58
25 Aug 2020 17 111.26
26 Aug 2020 18 111.28
27 Aug 2020 19 110.6
28 Aug 2020 20 112.29
31 Aug 2020 21 111.89
01 Sept 2020 22 114.84
02 Sept 2020 23 116.8
03 Sept 2020 24 112.85
04 Sept 2020 25 112.4
08 Sept 2020 26 112.72
 09 Sept 2020 27 114.9
10 Sept 2020 28 114.79
11 Sept 2020 29 118
 14 Sept 2020 30 119.28
 Figure 8.1.
Actual shares for the month- Aug & Sept 2020 Nike’s Actual
140
Shares for the
month –
120 August &
f(x) = 0.63 x + 99.15 September
R² = 0.92
100 2020

80

60

40

20

0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Table 8.2. Data Analysis of Actual Shares for the Month - August & September 2020

Regression Statistics
Multiple R 0.96106247
R Square 0.923641071
Adjusted R Square 0.920913967
Standard Error 1.627941108
Observations 30

  df SS MS F Significance F
Regression 1 897.5916836 897.591683 338.689271 3.55288E-17
6 6
Residual 28 74.20538306 2.65019225
2
Total 29 971.7970667      
Using the formula, the following values can be obtained:

Slope and intercept:

B1 = = = 0.63 (slope)

B0 = y̅ - b1x̅ = 99.15 (intercept)

The linear equation obtained using the actual data is:

y = 99.15+ 0.63x
r4 = 0.96106247

Interpretation of the Result

The value of the slope (0.63) indicates that as the period increase, the stock
prices also increases on average, by 99.15
Multiple R tells the response variable that is explained by variation in the
explanatory variable, this is use to calculate how well the model is doing to explain the
things. r4 is measured at 96.10% which indicates a very strong relationship or
correlation.
The p-value obtained, which is 3.55288E-17, is less than 0.05, thus, the study is
statistically significant and null hypothesis is rejected.
NIKE AUGUST & SEPTEMBER SHARES REPORT
Date Shares Volume
Aug 03, 2020 98.11 5,472,700
Aug 04, 2020 97.11 7,539,300
Aug 05, 2020 100.72 7,227,100
Aug 06, 2020 100.23 4,060,900
Aug 07, 2020 101.63 5,545,000
Aug 10, 2020 105.18 12,678,000
Aug 11, 2020 104.89 5,400,700
Aug 12, 2020 104.99 4,714,800
Aug 13, 2020 106.28 4,281,700
Aug 14, 2020 106.19 2,985,700
Aug 17, 2020 105.43 3,017,000
Aug 18, 2020 106.73 5,023,000
Aug 19, 2020 108.15 9,508,100
Aug 20, 2020 107.77 4,304,000
Aug 21, 2020 109.51 5,564,000
Aug 24, 2020 111.58 8,173,100
Aug 25, 2020 111.26 4,380,900
Aug 26, 2020 111.28 4,477,900
Aug 27, 2020 110.6 4,390,800
Aug 28, 2020 112.29 3,731,100
Aug 31, 2020 111.89 3,519,800
Sep 01, 2020 114.84 4,914,000
Sep 02, 2020 116.8 6,775,400
Sep 03, 2020 112.85 7,264,400
Sep 04, 2020 112.4 5,157,600
Sep 08, 2020 112.72 5,300,100
Sep 09, 2020 114.9 5,997,900
Sep 10, 2020 114.79 5,032,800
Sep 11, 2020 118 8,565,200
Sep 14, 2020 119.28 4,990,300