polynomial-max - Regression Statistics Multiple R 0.979 R...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Data Page 1 ***************************************************** Table 12.5.14. Price and Profit in Test Markets. Price Price Squared Profit 8 64 6,486 9 81 10,928 10 100 15,805 11 121 13,679 12 144 12,758 13 169 9,050 14 196 5,702 15 225 -109
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 Profit
Background image of page 2
7 8 9 10 11 12 13 14 15 16 -2,000 Price
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
12.21: Straight Line Regression Statistics Multiple R 0.529 R Square 0.280 Adjusted R Square 0.160 Standard Error 4718 Observations 8 ANOVA df SS MS F Significance F Regression 1 52016056 52016056 2.34 0.177 Residual 6 133537464 22256244 Total 7 185553520 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 22085 8536 2.59 0.041 1199 42972 Price -1113 728 -1.53 0.177 -2894 668
Background image of page 4
12.21: Parabola
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 6
Background image of page 7
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Regression Statistics Multiple R 0.979 R Square 0.959 Adjusted R Square 0.943 Standard Error 1229 Observations 8 ANOVA df SS MS F Significance F Regression 2 177996540.01 88998270 58.9 0.00033 Residual 5 7556980 1511396 Total 7 185553519.88 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept-87891 12250-7.18 0.00082-119380-56403 Price 18804 2190 8.59 0.00035 13175 24433 Price Squared-866 94.8-9.13 0.00026-1110-622 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 Profit 7 8 9 10 11 12 13 14 15 16-2,000 Price...
View Full Document

Page1 / 7

polynomial-max - Regression Statistics Multiple R 0.979 R...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online