Subject: Business Analytics: 5.6.2 Analyzing the Results(Multiple Regression)

Determine which variables are significantat either the 99% or 95% confidence leveland which are not significant at either level. Make sure to choose the highest level of significance for each variable.

ITEMS details and values are below

TUESDAY

COEFFICIENT 96.89

P-VALUE 0.0221

LOWER 95% 13.96

UPPER 95% 179.81

SUPERBOWL

COEFFICIENT -679.67

P-VALUE 0.0000

LOWER 95% -1,004.05

UPPER 95% -355.29

PAYDAY

COEFFICIENT 96.68

P-VALUE 0.0072

LOWER 95% 26.22

UPPER 95% 167.14

RATE

COEFFICIENT -0.42

P-VALUE 0.0397

LOWER 95% -0.81

UPPER 95% -0.02

WEDNESDAY

COEFFICIENT 145.22

P-VALUE 0.0005

LOWER 95% 64.20

UPPER 95% 226.24

MEMORIALDAY

COEFFICIENT 225.60

P-VALUE 0.1616

LOWER 95% -90.40

UPPER 95% 541.59

NEWYEARS

COEFFICIENT -649.04

P-VALUE 0.0008

LOWER 95% -1,026.22

UPPER 95% -271.87

CHRISTMAS

COEFFICIENT -308.66

P-VALUE 0.1022

LOWER 95% -678.88

UPPER 95% 61.56

VIP

COEFFICIENT -0.17

P-VALUE 0.0777

LOWER 95% -0.35

UPPER 95% 0.02

JULY4TH

COEFFICIENT -338.44

P-VALUE 0.0355

LOWER 95% -653.85

UPPER 95% -23.02

SPECIALEVENT

COEFFICIENT 0.19

P-VALUE 0.0092

LOWER 95% 0.05

UPPER 95% 0.34

2012

COEFFICIENT 224.26

P-VALUE 0.0000

LOWER 95% 167.35

UPPER 95% 281.17

WHOLESALE

COEFFICIENT 0.12

P-VALUE 0.2618

LOWER 95% -0.09

UPPER 95% 0.32

GROUP

COEFFICIENT 0.26

P-VALUE 0.0000

LOWER 95% 0.17

UPPER 95% 0.35

HALLOWEEN

COEFFICIENT -301.57

P-VALUE 0.1006

LOWER 95% -661.67

UPPER 95% 58.52

the above items should be updated in below category

Significant at the 99% Confidence Level

Significant at the 95% Confidence Level

Not Significant