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I declare that this continuous evaluation component is my/our original work. I/we have not
copied from any source or any other students work. We have acknowledged the source, if any
content is used in completion of this continuous evaluation component. I/we are responsible
for any discrepancies/unfair means content/copied material presented in the assignment/case
analysis.
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SUMMARY OUTPUT
Regression Statistics
Multiple R 0.56604461
R Square 0.42261542
Adjusted R Square 0.36687272
Standard Error 0.66330346
Observations 34
ANOVA
Significanc
df SS MS F eF
Regression 4 10.45105736 2.61276434 5.7805552 0.00151032
Residual 29 13.10776617 0.451991937
Total 33 23.55882353
P value
The P-values for the variables feature, current degree of happiness, and money value were
found to be higher than the typical allowed limit of 0.05. because the maximum value is
exceeded by the sum of the values for all of these variables. This, in our opinion, indicates that
the data for these variables is flawed and that the error terms are significant. But because the
User Friendliness P-Value is less than 0.05, we can infer that the data for this variable is
accurate and appropriate for further study.
2. Multiple R
The independent variables and the dependent variable have a strong relationship. The
relationship between the dependent and independent variables is represented by multiple R.
We see a healthy relationship because it is 0.56604461
3. R Square
R square indicates how well the independent variables explain the dependent variable. We can
see from the above analysis that the independent variables only explain the dependent variable
up to 0.42261542 or 42.6%.
4.Adjusted R Square
The adjusted R square indicates the data set's quality. It indicates whether the regression
model could benefit from additional variables for better analysis. A low Adjusted R Square
indicates
that more variables are required for the data. We can see from the above model that the
Adjusted R Square is 0.36687272 . This means that the data could benefit from more variables
for a more in-depth analysis
5
.Standard Error
The data has a standard error of 0.66330346 This indicates that there is a significant
difference between the predicted and actual values as determined by the regression equation.
A standard error of 0.88 is regarded as extremely high.
Regression Equation
Findings