SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9654884222
R Square 0.9321678933
Adjusted R 0.9050350507
Standard E 20.336816966
Observatio 8

ANOVA
df SS MS F Significance F
Regression 2 28418.08 14209.04 34.3557033317 0.001198
Residual 5 2067.931 413.5861
Total 7 30486.02

CoefficientsStandard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%

Intercept -42.596541551 28.55454 -1.491761 0.19596607816 -115.9983 30.80524 -115.9983
Advertising 22.430640528 7.101164 3.158727 0.02513107043 4.176518 40.68476 4.176518
Advertisin 19.479568888 3.697901 5.267737 0.00327788598 9.973813 28.98532 9.973813

RESIDUAL OUTPUT

Observation
Predicted Revenue ($100s)
Residuals
1 98.776014423 2.723986
2 83.134086699 -31.23409
3 76.345373895 -1.545374
4 137.61735894 -11.41736
5 116.0720399 21.72796
6 80.713708741 20.68629
7 233.18503975 4.61496
8 225.15637765 -5.556378

a. y = -42.5965 + 22.4306*x1 + 19.4796*x2

H0: B0=B1=B2=0
Ha: B0≠B1≠B2≠0

F = 34.355 is higher than significance F

P-value of X1 and P-value of X2 are less than 0.05
So, we reject the null hypothesis
B0, B1, B2 is not equal to zero at a 0.05 level of significance
the slope B0 is not significant,the slope B1, B2 is significant

b. 93.21% of the variation in the sample of y does the model

 Advertising through
broadcasting ($100s) Residual
Plot
50

Residuals
0
-50 2.5 3 3.5 4 4.5 5 5.5 6 6.5 7 7.5
Advertising through broadcasting ($100s)

Advertising through conference

Upper 95.0% ($100s) Residual Plot
30.80524 40
40.68476
Residuals

20
28.98532 0
-20 1 2 3 4 5 6 7 8 9
-40
Advertising through conference ($100s)

These points are symmetrical and lie close to the axis X

Tables can be used
Question 1 Question 2

Revenue Advertising through Advertising through

Market
($100s) broadcasting ($100s) conference ($100s)

California 101.5 5 1.5

Oregon 51.9 3 3
Texas 74.8 4 1.5
Arizona 126.2 4.3 4.3
Utah 137.8 3.6 4
Florida 101.4 3.5 2.3
Alaska 237.8 5 8.4
Virginia 219.6 6.9 5.8
Question 2

Year Value
Forecast Forecast error ABS Square error
1 234 #N/A
2 287 234 53 53 2809
3 255 244.6 10.4 10.4 108.16
4 310 246.68 63.32 63.32 4009.4224
5 298 259.344 38.6559999999999 38.656 1494.286336
6 250 267.0752 -17.0752000000001 17.0752 291.56245504
7 302 263.6602 38.33984 38.33984 1469.94333123
8 267 271.3281 -4.32812799999999 4.328128 18.7326919844
9 225 270.4625 -45.4625024 45.4625024 2066.83912447
10 336 261.37 74.62999808 74.62999808 5569.63661342
Total 17837.5829521
MSE 1981.95366135
c. MSE 1981.953661
Forecast for year 11 276.296002

a. Bin FrequencyPrecent frequency(%)

230 1 10
250 2 20
270 2 20
290 1 10
310 3 30
330 0 0
350 1 10
Total 10 100
b.
Bin Frequency Histogra
230 1
4
250 2
3
Frequency

270 2 2
290 1 1
310 3 0
330 0 230 250 270 290 310
350 1 Bin
More 0

Left slanted graph, 310-330 has no value

 Histogram

Frequency

0 270 290 310 330 350 More

Bin

10-330 has no value