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SUMMARY
Groups Count Sum Average Variance
Market A 5 310 62 27.5
Market B 5 330 66 26.5
Market C 5 260 52 31
ANOVA
Source of Variation SS df MS F P-value F crit F>F_critical
Between Groups 520 2 260 9.176471 0.003818 3.885294
Within Groups 340 12 28.33333
Total 860 14
F>F_critical
reject null hypothesis
Markets are different
Restaurant Population (1000s) Sales (Rs.1000s) 1. Correlation
1 2 58 Population (1000s)
2 6 105 Population (1000s) 1
3 8 88 Sales (Rs.1000s) 0.95012295520441
4 8 118
5 12 117 Population of the area is highly po
6 16 137 Higher the population, higher wou
7 20 157
8 20 169 2. Regression
9 22 149 Regression Statistics
10 26 202 Multiple R 0.95012295520441
R Square 0.90273363000636
Adjusted R Square 0.89057533375715
3. Sales revenue in areas of similar poplation are Standard Error 13.8293166859393
seen to differ probably because the per unit Observations 10
prices are different or the income levels of the
population is different
ANOVA
df
Regression 1
Residual 8
Total 9
Coefficients
Intercept 60
Population (1000s) 5
Sales (Rs.1000s)
SS MS F Significance F
14200 14200 74.24837 2.549E-05
1530 191.25
15730
CORRELATION
Age
Binary(Martital Status)
Annual Income ($)
Age 1
Binary(Mart-0.116 1
Annual Inc 0.107 -0.165337564 1
Mortgage -0.023 0.1101804133 0.407894447388
Payments P-0.358 0.2812267463 0.245740924746
Total Amou-0.041 -0.031235638 0.216130671134
(Binary)D
Payments Per Total Amount Paid efault on
Mortgage Amount ($)
Year ($) Mortgage
? SUMMAR
Y OUTPUT
473,402 24.0 581,885.0 1
300,468 12.0 489,320.0 0 Regression Statistics
330,664 24.0 493,541.0 1 Multiple R
230,222 24.0 449,682.0 1 R Square
282,203 12.0 520,581.0 0 Adjusted R
251,242 24.0 356,711.0 1 Standard E
282,737 12.0 524,053.0 0 Observatio
238,125 12.0 468,595.0 0
297,133 24.0 399,617.0 1 ANOVA
622,578 12.0 1,233,002.0 0
215,440 24.0 285,900.0 1 Regression
252,885 12.0 336,574.0 0 Residual
183,045 12.0 262,537.0 0 Total
165,309 12.0 253,633.0 0
220,176 12.0 424,794.0 0 Coefficients
233,146 12.0 356,363.0 0 Intercept
245,360 24.0 388,429.0 1 Age
320,401 4.0 360,783.0 1 Binary(Mar
494,395 12.0 861,874.0 0 Annual In
159,010 12.0 308,656.0 0 Mortgage
249,547 24.0 342,339.0 1 Payments
308,618 12.0 472,668.0 0 Total Amou
258,321 24.0 380,347.0 1
634,609 24.0 915,640.0 1 INFERENCE
194,770 12.0 385,288.0 0
The model as a whole is significa
Also the Adijusted R-squared say
Among the variables, we see tha
Mortgage Amount ($)Payments Per Year
Total Amount Paid ($)
1
0.117771311620405 1
0.919590654668374 -0.024696171 1
Apart from mortage, payments and total amt paid all variables are significant
Mortgage amount and total amount paid are highly correlated and hence one of them can be removed
Regression Statistics Annual Income,age,marital status doesn't play a prominent role as its coefficient value is less
0.886914 Total amount and mortage amount also have low coefficient values
0.786617
0.715489
0.27023
25
df SS MS F Significance F
6 4.84556 0.807593 11.05921 3.295E-05
18 1.31444 0.073024
24 6.16
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%Upper 95.0%
-0.267072 0.4767 -0.560251 0.582215 -1.268581 0.734438 -1.268581 0.734438
-0.00739 0.010754 -0.687162 0.500739 -0.029984 0.015204 -0.029984 0.015204
0.104006 0.13369 0.777969 0.446694 -0.176865 0.384878 -0.176865 0.384878
-1.11E-07 2.377E-07 -0.465542 0.647127 -6.1E-07 3.888E-07 -6.1E-07 3.888E-07
3.943E-06 1.575E-06 2.504478 0.022101 6.354E-07 7.252E-06 6.354E-07 7.252E-06
0.048311 0.010321 4.680878 0.000186 0.026627 0.069994 0.026627 0.069994
-2.2E-06 8.231E-07 -2.677434 0.01537 -3.93E-06 -4.75E-07 -3.93E-06 -4.75E-07
INFERENCE
Normalized ratings
Hotel Overall Comfort Amenities In-House Dining
Muri Beach Odyssey 1.00 0.53 0.67 0.96
Pattaya Resort 0.85 0.71 0.43 0.92
Sojourner’s Respite 0.84 1.00 1.00 0.59
Spa Carribe 0.66 0.00 0.81 0.93
Penang Resort and Spa 0.58 0.57 0.56 0.70
Mokihana Hōkele 0.55 0.34 0.35 1.00
Theo’s of Cape Town 0.54 0.65 0.50 0.73
Cap d’Agde Resort 0.51 0.35 0.73 0.61
Spirit of Mykonos 0.46 0.54 0.49 0.68
Turismo del Mar 0.43 0.18 0.40 0.67
Hotel Iguana 0.43 0.20 0.35 0.60
Sidi Abdel Rahman Palace 0.42 0.39 0.75 0.64
Sainte-Maxime Quarters 0.38 0.35 0.22 0.70
Rotorua Inn 0.22 0.39 0.70 0.00
Club Lapu-Lapu 0.22 0.21 0.10 0.64
Terracina Retreat 0.15 0.51 0.21 0.71
Hacienda Punta Barco 0.11 0.61 0.18 0.69
Rendezvous Kolocep 0.10 0.55 0.15 0.71
Cabo de Gata Vista 0.10 0.31 0.00 0.62
Sanya Deluxe 0.00 0.43 0.18 0.73
Regression
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.865895539060659
R Square 0.749775084565149
Adjusted R Square 0.702857912921114
Standard Error 1.38787330162895
Observations 20
ANOVA
df
Regression 3
Residual 16
Total 19
Coefficients
Intercept 35.6967364821549
Comfort 0.109348527499748
Amenities 0.244268002183616
In-House Dining 0.247431197086944
SS MS F Significance F
92.34642 30.78214 15.98082 4.524E-05
30.81908 1.926192
123.1655
0.86
0.72
0.69
0.63
0.61