In: Statistics and Probability
Use the following data to develop a multiple regression model to predict from and . Discuss the output, including comments about the overall strength of the model, the significance of the regression coefficients, and other indicators of model fit. y x1 x2 198 29 1.64 214 71 2.81 211 54 2.22 219 73 2.70 184 67 1.57 167 32 1.63 201 47 1.99 204 43 2.14 190 60 2.04 222 32 2.93 197 34 2.15 Appendix A Statistical Tables *(Round your answer to two decimal places.) **(Round your answer to 4 decimal places.) ***(Round your answer to 3 decimal places.) The regression equation is: *+( **) +( ***) * with *** * with * * with ** *** *** Adjusted ***
Sol:
Install anaysis tool pack in excel and then
Go to data >dataanalysis>Regression
Select X
select Y
click ok
You will get below output:
SUMMARY OUTPUT | ||||||
Regression Statistics | ||||||
Multiple R | 0.855239 | |||||
R Square | 0.731433 | |||||
Adjusted R Square | 0.664292 | |||||
Standard Error | 9.400891 | |||||
Observations | 11 | |||||
ANOVA | ||||||
df | SS | MS | F | Significance F | ||
Regression | 2 | 1925.532 | 962.7658 | 10.89388 | 0.005202 | |
Residual | 8 | 707.014 | 88.37674 | |||
Total | 10 | 2632.545 | ||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | |
Intercept | 137.268 | 14.77854 | 9.28833 | 1.47E-05 | 103.1886 | 171.3474 |
x1 | 0.002515 | 0.18628 | 0.0135 | 0.98956 | -0.42705 | 0.432078 |
x2 | 29.2061 | 6.533584 | 4.47015 | 0.002083 | 14.13963 | 44.27257 |
The regression equation is
y^=137.27+0.0025x1+29.206x2
F=
10.89 with p=0.005
t x1=
0.01 with p=0.99
tx2 =
4.47 with p=0.0021
S=9.401
R2 =0.731
ad j R 2 =0.664
From F output
p<0.05 model is significant
for X1 p=0.99,p>0.05 X1 is not significant variable
for X2 p=0.002,p<0.05 X2 is significant variable.