Student Sales

Yhat=60+5x
Restaurant Population (Rs.‘000s) Average
(Predicted Sales)
(‘000s) (X) (Y)
1 2 58 130 70
2 6 105 130 90
3 8 88 130 100
4 8 118 130 100
5 12 117 130 120
6 16 137 130 140
7 20 157 130 160
8 20 169 130 160
9 22 149 130 170
10 26 202 130 190
130

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.950122955204
R Square 0.902733630006
Adjusted R Square 0.890575333757
Standard Error 13.82931668594
Observations 10

ANOVA
df SS MS
Regression 1 14200 14200
Residual 8 1530 191.25
Total 9 15730

Coefficients Standard Error t Stat

Intercept 60 9.22603481 6.5033355322804
Student Population (‘000s) 5 0.580265238 8.6167491557473

RESIDUAL OUTPUT
Observation Predicted Sales (Rs.‘000s) Residuals
(Y)
1 70 -12
2 90 15
3 100 -12
4 100 18
5 120 -3
6 140 -3
7 160 -3
8 160 9
9 170 -21
10 190 12
Residual/E
Error^2 Error Error^2
rror

-12 144 -72 5184

15 225 -25 625
-12 144 -42 1764 250

18 324 -12 144

-3 9 -13 169 200
-3 9 7 49 f(x) = 5 x + 60
R² = 0.902733630006357
-3 9 27 729 150
9 81 39 1521
-21 441 19 361
100
12 144 72 5184
0 1530 0 15730
50
SSE sum of
sq errors
(SSE) Total sum of sq (SST) 0
0 5 10 15 20

SST=SSE+ SSR

SSR 14200 SST 15730

R square 0.90273363
Coeff of determination
Tells how good the regg model is

F Significance F
74.248366 2.54887E-05
Student Population (‘000
30
20
Residuals

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% 10

0
0.00018744 38.7247256 81.2752744 38.7247256 81.2752744
-10 0 5 10
2.54887E-05 3.66190596 6.33809404 3.66190596 6.33809404 -20
-30
Student Populati
60
33630006357

10 15 20 25 30

udent Population (‘000s) (X) Residual Plot

0 5 10 15 20 25 30

Student Population (‘000s) (X)