SUMMARY OUTPUT

Regression Statistics
Multiple R 0.731106465328015
R Square 0.534516663644424
Adjusted R Square 0.452372545464028
Standard Error 58.4262570358971
Observations 21

ANOVA
df SS MS F
Regression 3 66638.03 22212.68 6.507059
Residual 17 58031.67 3413.628
Total 20 124669.7

Coefficients Standard Error t Stat P-value

Intercept -114.835150264663 78.28996 -1.466793 0.160688
GNP per head 0.00229771185295111 0.000952 2.413741 0.027355
Unemployment rate 4.21952457323109 4.840006 0.871802 0.395463
%age spend on education 21.4226983037986 12.73612 1.682043 0.110837
 Significance F
0.0039402218663

Lower 95% Upper 95%Lower 95.0%

Upper 95.0%
-280.01253693427 50.34224 -280.0125 50.34224
0.00028931593319 0.004306 0.000289 0.004306
-5.9919952638623 14.43104 -5.991995 14.43104
-5.4481651766502 48.29356 -5.448165 48.29356
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.731106
R Square 0.534517
Adjusted R 0.452373
Standard E 58.42626
Observatio 21

ANOVA
df SS MS F Significance F
Regression 3 66638.03 22212.68 6.507059 0.00394
Residual 17 58031.67 3413.628
Total 20 124669.7

Coefficients
Standard Error t Stat
Intercept -114.8352 78.28996 -1.466793
GNP per h 0.002298 0.000952 2.413741
Unemploym4.219525 4.840006 0.871802
%age spend 21.4227 12.73612 1.682043
P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
0.160688 -280.0125 50.34224 -280.0125 50.34224
0.027355 0.000289 0.004306 0.000289 0.004306
0.395463 -5.991995 14.43104 -5.991995 14.43104
0.110837 -5.448165 48.29356 -5.448165 48.29356

RESIDUAL OUTPUT

Observation
Predicted Sales/Capita
Residuals
1 141.105 -29.05739
2 153.9362 6.244782
3 32.15789 -11.89473
4 54.76729 46.08565
5 229.7909 -59.71818
6 179.8197 192.0671
7 151.7406 -55.95872
8 124.2402 -41.52144
9 83.2552 -10.66592
10 60.63088 -15.73088
11 142.7851 -11.67148
12 119.9588 -54.4546
13 132.5311 -1.106827
14 97.71642 -22.79537
15 90.80533 -22.71187
16 6.765146 25.49776
17 120.2674 -14.33435
18 168.3638 -17.64382
19 193.9265 35.7909
20 23.556 14.42553
21 112.9314 49.15388
 Source Economist Pocket World in Figures 2011
Popn Computer GNP per Unemployment
Country (millions) Sales Sales/Capita head rate
1 Austria 8.4 941.2 $112.05 $49,600 4.2
2 Belgium 10.5 1681.9 $160.18 $47,090 8.1
3 Bulgaria 7.6 154 $20.26 $6,550 13.5
4 Czech Rep. 10.2 1028.7 $100.85 $20,670 6.6
5 Denmark 5.5 935.4 $170.07 $62,120 5.2
6 Finland 5.3 1971 $371.89 $51,320 9.9
7 France 61.9 5928.9 $95.78 $44,510 10
8 Germany 82.5 6824.3 $82.72 $44,450 9.1
9 Greece 11.2 813 $72.59 $31,670 9.9
10 Hungary 10 449 $44.90 $15,410 7.3
11 Ireland 4.4 576.9 $131.11 $60,460 6.3
12 Italy 58.9 3858.2 $65.50 $38,490 9.3
13 Netherlands 16.5 2168.5 $131.42 $52,960 4.4
14 Poland 38 2847 $74.92 $13,850 14.4
15 Portugal 10.7 728.6 $68.09 $22,920 6.3
16 Romania 21.3 687.2 $32.26 $9,300 7
17 Spain 44.8 4745.8 $105.93 $35,220 14.2
18 Switzerland 7.5 1130.4 $150.72 $64,430 3.6
19 Sweden 9.2 2113.4 $229.72 $51,950 6.3
20 Turkey 75.8 2879 $37.98 $9,940 8.6
21 UK 61 9887.2 $162.09 $43,540 5.9
Figures 2011
%age spend on
education
5.8
5.9
3.5
4.4
8.4
6.3
5.7
4.6
3.9
5.1
4.3
5
5
5.6
5.9
3.3
4.4
5.6
7.6
3.7
4.8