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Regression Analysis Random Motors

The document appears to contain sales data for 30 Marengo car models. It includes the sales in thousands of units, price in lakh rupees, top speed in km/hr, and mileage in km/ltr for each model. There are multiple data points provided for analysis and regression of the sales against the other variables.
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100% found this document useful (2 votes)
884 views11 pages

Regression Analysis Random Motors

The document appears to contain sales data for 30 Marengo car models. It includes the sales in thousands of units, price in lakh rupees, top speed in km/hr, and mileage in km/ltr for each model. There are multiple data points provided for analysis and regression of the sales against the other variables.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Top

Sales Price Mileage


Cars speed
(in 1,000 units) (in lakh rupees) (Km/ltr)
(Km/hr)
Rocinante 1 171.877 6.1 15.8 168.2
Rocinante 2 139.796 6.1 12.1 149.6
Rocinante 3 178.947 9.9 17 173.4
Rocinante 4 140.022 5.8 11.6 170.6
Rocinante 5 186.476 10 17.2 175
Rocinante 6 192.123 6.5 17.6 173.1
Rocinante 7 175.085 5.5 16 184.6
Rocinante 8 146.882 8.4 13 175.7
Rocinante 9 202.847 6.6 19.3 166.7
Rocinante 10 149.933 8.8 13.3 175.4
Rocinante 11 171.579 9.5 15.8 150.9
Rocinante 12 201.512 9.2 19.2 140.5
Rocinante 13 142.604 8.1 11.7 150.2
Rocinante 14 135.158 5.4 11.2 146.2
Rocinante 15 107.322 5.6 7.8 151.2
Rocinante 16 199.699 6.3 19 143.2
Rocinante 17 202.875 5.8 19.7 178.9
Rocinante 18 204.406 7.7 19.5 168.2
Rocinante 19 107.331 7.2 7.5 164.7
Rocinante 20 190.345 8.4 18.1 182.7
Rocinante 21 108.419 8.4 7.9 165.7
Rocinante 22 150.249 5.7 12.6 137
Rocinante 23 155.882 5.5 12.9 173.9
Rocinante 24 100.98 8.4 7.6 165.1
Rocinante 25 182.679 5.6 16.7 160.1
Rocinante 26 166.752 9.9 15.5 155.6
Rocinante 27 121.561 6.2 9.5 155.4
Rocinante 28 174.256 9.9 16.3 161.9
Rocinante 29 119.018 6.5 9.1 146.8
Rocinante 30 169.842 7.1 15.3 149.5
Rocinante 31 198.311 9.6 19.1 146.5
Rocinante 32 204.875 5.8 19.4 178.9
Rocinante 33 119.561 6.2 9.4 175.4
Rocinante 34 203.875 5.9 19.4 175.9
Rocinante 35 118.561 6.1 9.4 165.4
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.99788
R Square 0.99577
Adjusted R Square 0.99536
Standard Error 2.30779
Observations 35.00000

ANOVA
df SS MS F
Regression 3.000 38827.618 12942.539 2430.112
Residual 31.000 165.103 5.326
Total 34 38992.72097314

Coefficients Standard Error t Stat P-value


Intercept 50.72313 5.292 9.585 0.000
Price
(in lakh rupees) -0.79503 0.254 -3.126 0.004
Mileage
(Km/ltr) 8.30633 0.100 82.913 0.000
Top speed (Km/hr) -0.01857 0.031 -0.608 0.548

Regression Equation Sales = 50.723-0.795*Price+8.306*Mileage 227890.000

Oevrall
Specifications Rocinante36 Marengo32 Predicted
Profit
Price ₹7 lakh ₹41 lakh
Manufacturing cost ₹6 lakh ₹33 lakh
Mileage 22 km/litre 15 km/litre
Top speed 140 km/hr 210 km/hr

Car impacted by Price


Increase

Regression
Specifications Rocinante36 Marengo32
Equation
Price ₹7 lakh ₹41 lakh Old sales
New Price 8 42 New Sales
Manufacturing cost ₹6 lakh ₹33 lakh Impact
Mileage 22 km/litre 15 km/litre
Top speed 140 km/hr 210 km/hr

adjusted R sqaure - New


regression removing Top
speed
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9978553735369
R Square 0.9957153464965
Adjusted R Square 0.9954475556525
Standard Error 2.2849391302616
Observations 35

ANOVA
df SS MS F
Regression 2 38825.65067461 19412.825337 3718.2576213
Residual 32 167.070298528 5.220946829
Total 34 38992.72097314

Coefficients Standard Error t Stat P-value


Intercept 47.779964019197 2.113441420507 22.607659505 3.038126E-21
Price
(in lakh rupees) -0.7829253276671 0.251041783158 -3.1187052522 0.0038273452
Mileage
(Km/ltr) 8.2944664974274 0.097287931073 85.256890613 2.60257E-39

Rocinante36 Marengo32
Old adjusted R square 0.99536 0.84788
New adjusted R square 0.99545 0.85309
Significance F
0.000

Lower 95% Upper 95% Lower 95.0% Upper 95.0%


39.930 61.516 39.930 61.516

-1.314 -0.276 -1.314 -0.276

8.102 8.511 8.102 8.511


-0.081 0.044 -0.081 0.044

227890

Sales = 50.723-0.795*Price+8.306*Mileage 227.095 227095


227890
227095
-795
Significance F
1.29018297309211E-38

Lower 95% Upper 95% Lower 95.0% Upper 95.0%


43.4750247203163 52.084903318 43.47502472 52.084903318

-1.29428070638319 -0.271569949 -1.2942807064 -0.271569949

8.09629746670899 8.4926355281 8.0962974667 8.4926355281


Top
Sales Price Mileage
Cars speed
(in 1,000 units) (in lakh rupees) (Km/hr) (Km/ltr)

Marengo 1 20.896 42.5 199.4 9.3


Marengo 2 31.048 36 235.2 9.7
Marengo 3 29.904 54.7 240.8 16.6
Marengo 4 28.792 42.7 232.5 11.7
Marengo 5 16.776 44.9 188.8 13.7
Marengo 6 18.928 35.5 184.2 9.6
Marengo 7 22.776 51.3 207.7 13.7
Marengo 8 36.824 30.4 249.5 12.6
Marengo 9 22.216 38.4 175.8 16.2
Marengo 10 35.456 32.2 245.6 9.6
Marengo 11 28.576 59.4 223.3 11.3
Marengo 12 33.648 50.8 240 13.6
Marengo 13 33.44 57.5 250 13.5
Marengo 14 34.912 44.6 247.4 11.1
Marengo 15 24.016 34.6 192 14.1
Marengo 16 20.992 56.4 201.2 13.4
Marengo 17 21.696 41.4 193.3 12.8
Marengo 18 17.832 53.7 202 16
Marengo 19 25.624 44.8 208.9 12.7
Marengo 20 21.92 32.4 176.9 13.6
Marengo 21 24.792 40.9 218.2 11.6
Marengo 22 22.256 44.1 190 11.4
Marengo 23 15.488 46.6 176.8 16.3
Marengo 24 21.64 31.4 178.9 14.5
Marengo 25 23.264 54.7 192.3 14.3
Marengo 26 19.328 37.9 184.1 9.4
Marengo 27 27.216 52.9 240.3 15.3
Marengo 28 23.096 42.7 192.1 15
Marengo 29 17.824 54.9 199 13.5
Marengo 30 19.144 44 181.1 11.8
Marengo 31 21.6 42.2 181.2 9.3
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.92902513317584
R Square 0.86308769807238
Adjusted R Square 0.84787522008042
Standard Error 2.30673039512172
Observations 31

ANOVA
df SS MS F
Regression 3 905.670 301.890 56.736
Residual 27 143.667 5.321
Total 30 1049.337

Coefficients Standard Error t Stat P-value


Intercept -13.44765 4.454 -3.019 0.005
Price
(in lakh rupees) -0.18673 0.055 -3.368 0.002
Mileage
(Km/ltr) 0.04130 0.207 0.200 0.843
Top speed (Km/hr) 0.22080 0.017 12.820 0.000

Regression Equation Sales = -13.447-0.186*Price+0.220*Top Speed 25.127

Oevrall
Specifications Rocinante36 Marengo32 Predicted
Profit
Price ₹7 lakh ₹41 lakh
Manufacturing cost ₹6 lakh ₹33 lakh
Mileage 22 km/litre 15 km/litre
Top speed 140 km/hr 210 km/hr

Car impacted by Price


Increase

Regression
Specifications Rocinante36 Marengo32
Equation
Price ₹7 lakh ₹41 lakh Old sales
New Price 8 42 New Sales
Manufacturing cost ₹6 lakh ₹33 lakh Impact
Mileage 22 km/litre 15 km/litre
Top speed 140 km/hr 210 km/hr

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.928916104246
R Square 0.862885128728
Adjusted R Square 0.853091209351
Standard Error 2.266839379475
Observations 31

ANOVA
df SS MS
Regression 2 905.45725425 452.72862712
Residual 28 143.87970163 5.1385607723
Total 30 1049.3369559

Coefficients Standard Error t Stat


Intercept -12.9701313616 3.6937597638 -3.511362999
Price
(in lakh rupees) -0.18247382018 0.05030398 -3.627423125
Top speed (Km/hr) 0.22013989044 0.0166095874 13.253784393
Significance F
0.000

25127.000

201016

Sales = -13.448-0.187*Price+0.221*Top Speed 25.108 25108


25295
25108
-187
F Significance F
88.1041690817304 8.3020213E-13

P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%


0.001530548919635 -20.536455242 -5.4038074814 -20.536455242 -5.403807

0.001130002935003 -0.285516852 -0.0794307884 -0.285516852 -0.079431


1.37964990241042E-13 0.186116693 0.2541630879 0.186116693 0.254163
Upper 95.0%

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