Regression - Analysis - Vijay Kumar
Regression - Analysis - Vijay Kumar
Regression Statistics
Multiple R 0.997880655
R Square 0.995765801
Adjusted R Square0.995356039
Standard Error 2.307791532
Observations 35
ANOVA
df SS MS F Significance F
Regression 3 38827.62 12942.54 2430.112 7.45E-37
Residual 31 165.103 5.325902
Total 34 38992.72
Question:
4
Y = X1*Price(in lakh) + X2*Mileage (in Kmpl) +c
sales (in 1000's) = 50.72313 -0.79503*7(price in lakh)+8.306331*22(milage in Kmpl)
predicated sales (in units): 227.8972(in thousands)
227897 units
Question: 5
overall predicated profit: (sales - cost price) *predicated number of sales
Rocinate 36 Model:
(7-6)*227.8972 = 1000*227.8972
INR = 227897.2 lakhs
Question: 7
Rocinate Model: (Price increased by 1 lacs)
regression equation: 50.72313-0.79513*8(price+1) +8.306331* 22( kmpl) = Sales = 227.1
difference = 227.89 - 227.10 = 0.79
percentage = -0.3488
Upper 95.0%
61.51644
-0.27631
8.510652
0.043751