Question
I have a question which I need really your help. I have a question related to regression data. The format of this question as an
I have a question which I need really your help. I have a question related to regression data. The format of this question as an example needs to be like this:- so this is just an example not the question I need help with :
x1 | x2 | x3 | x4 | y in $ | y= 27.64*x1 + 12530*x2 + 2553*x3 - 234.24*x4 + 52318 | |||
2310 | 2 | 2 | 20 | 142000 | The developer can now estimate the assessed value of an office building in the same area which has | |||
2333 | 2 | 2 | 12 | 144000 | 2500 square feet, 3 offices, 2 entrances and which is 25 years old | |||
2356 | 3 | 1.5 | 33 | 151000 | y= 27.64*2500 + 12530*3 + 2553*2 - 234.24*25 + 52318 = $ 158,261 | |||
2379 | 3 | 2 | 43 | 150000 | ||||
2402 | 2 | 3 | 53 | 139000 | Rsquared is 0.99675: strong relationship between independent and dependent variables | |||
2425 | 4 | 2 | 23 | 169000 | ||||
2448 | 2 | 1.5 | 99 | 126000 | F statistic to show whether Rsquared occurred by chance | |||
2471 | 2 | 2 | 34 | 142900 | Is F statistic greater than F-critical value? | |||
2494 | 3 | 3 | 23 | 163000 | assume single tail test of 0.05 with degrees of freedom usually shown as v1 and v2 | |||
2517 | 4 | 4 | 55 | 169000 | v1 = k = 4 | |||
2540 | 2 | 3 | 22 | 149000 | v2 = n -(k+1) = 11 -(4+1) = 6 | |||
F -critical vale is 4.53 | ||||||||
F -observed value > F -critical value | ||||||||
-234.23716 | 2553.211 | 12529.77 | 27.64139 | 52317.83 | ||||
13.2680115 | 530.6692 | 400.0668 | 5.429374 | 12237.36 | ||||
0.99674799 | 970.5785 | #N/A | #N/A | #N/A | ||||
459.753674 | 6 | #N/A | #N/A | #N/A | T-statistic | |||
1732393319 | 5652135 | #N/A | #N/A | #N/A | age slope coefficient: divide -234.24 by 13.268 or SE | |||
#N/A | #N/A | #N/A | #N/A | #N/A | t-observed value is -234.24/13.268 = -17.7 | |||
#N/A | #N/A | #N/A | #N/A | #N/A | Find t-critical single tail with 6 degrees of freedom at 0.05 (1.94) | |||
17.7 > 1.94 age coefficient is significant or we reject the null hypothesis that the explanatory | ||||||||
variable has no effect |
My question is this and the below is the data to help you answering it for me.
The data (Y1, X2, X3, X4, X5, X6) refer to each franchise store that sells sportswear. Y1 = annual net sales/1000 X1 = number square metre/1000 X2 = inventory/1000 X3 = amount spent on advertising/1000 X4 = size of sales district/1000 families X5 = number of competing stores in district The letter A refers to Y1; B refer to X1 and so on.
. The letter A refers to Y1; B refer to X1 and so on.
a) Use regression analysis to carry out all the required tests and predict the value of annual net sales assuming independent variables have values of 6.5; 380; 14.5; 10.5 and6 respectively.
Y | X1 | X2 | X3 | X4 | X5 | |
231 | 3.0 | 294 | 8.2 | 8.2 | 11 | |
156 | 2.2 | 232 | 6.9 | 4.1 | 12 | |
10 | 0.5 | 149 | 3 | 4.3 | 15 | |
519 | 5.5 | 600 | 12 | 16.1 | 1 | |
437 | 4.4 | 567 | 10.6 | 14.1 | 5 | |
487 | 4.8 | 571 | 11.8 | 12.7 | 4 | |
299 | 3.1 | 512 | 8.1 | 10.1 | 10 | |
195 | 2.5 | 347 | 7.7 | 8.4 | 12 | |
20 | 1.2 | 212 | 3.3 | 2.1 | 15 | |
68 | 0.6 | 102 | 4.9 | 4.7 | 8 | |
570 | 5.4 | 788 | 17.4 | 12.3 | 1 | |
428 | 4.2 | 577 | 10.5 | 14 | 7 | |
464 | 4.7 | 535 | 11.3 | 15 | 3 | |
15 | 0.6 | 163 | 2.5 | 2.5 | 14 | |
65 | 1.2 | 168 | 4.7 | 3.3 | 11 | |
98 | 1.6 | 151 | 4.6 | 2.7 | 10 | |
398 | 4.3 | 342 | 5.5 | 16 | 4 | |
161 | 2.6 | 196 | 7.2 | 6.3 | 13 | |
397 | 3.8 | 453 | 10.4 | 13.9 | 7 | |
497 | 5.3 | 518 | 11.5 | 16.3 | 1 | |
528 | 5.6 | 615 | 12.3 | 16 | 0 | |
99 | 0.8 | 278 | 2.8 | 6.5 | 14 | |
0.5 | 1.1 | 142 | 3.1 | 1.6 | 12 | |
347 | 3.6 | 461 | 9.6 | 11.3 | 6 | |
341 | 3.5 | 382 | 9.8 | 11.5 | 5 | |
507 | 5.1 | 590 | 12 | 15.7 | 0 | |
400 | 8.6 | 517 | 7 | 12 | 8 | |
-5.3109714 | 13.58 | 11.526 | 0.1746 | 16.202 | -18.859 | |
1.7054265 | 1.7705 | 2.5321 | 0.0576 | 3.5444 | 30.15 | |
0.9931795 | 17.649 | #N/A | #N/A | #N/A | #N/A | |
611.59037 | 21 | #N/A | #N/A | #N/A | #N/A | |
952538.94 | 6541.4 | #N/A | #N/A | #N/A | #N/A |
the numbers in bold are linear I got from excel. Please help me to continue answer the question it is asked for and it needs to be in the format of the example I have sent you.
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