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Cars Sales (In 1,000 Units) Price (In Lakh Rupees) Mileage (KM/LTR) Top Speed (KM/HR)

The document contains sales data for 35 Rocinante cars including sales volume, price, mileage, and top speed. Regression analysis is performed to develop a sales prediction model using price and mileage as independent variables. The model indicates that both price and mileage significantly impact sales volume.

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Malaz Kseby
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© © All Rights Reserved
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Download as XLSX, PDF, TXT or read online on Scribd
21 views

Cars Sales (In 1,000 Units) Price (In Lakh Rupees) Mileage (KM/LTR) Top Speed (KM/HR)

The document contains sales data for 35 Rocinante cars including sales volume, price, mileage, and top speed. Regression analysis is performed to develop a sales prediction model using price and mileage as independent variables. The model indicates that both price and mileage significantly impact sales volume.

Uploaded by

Malaz Kseby
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 13

Sales Price

Mileage Top speed


Cars (in 1,000 (in lakh
(Km/ltr) (Km/hr)
units) rupees)

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 0.9978806545
R Square 0.99576580063
Adjusted R Square 0.99535603941
Standard Error 2.30779153197
Observations 35

ANOVA
df SS MS F
Regression 3 38827.6180187 12942.5393396 2430.1122955
Residual 31 165.102954406 5.32590175502
Total 34 38992.7209731

Coefficients Standard Error t Stat P-value


Intercept 50.7231271792 5.29210288471 9.58468274036 8.739024E-11
Price -0.7950264409 0.25433307604 -3.1259262588 0.003833463
Mileage 8.30633109238 0.10018130682 82.9129840302 5.783564E-38
Top Speed -0.018572564 0.03055823545 -0.6077760617 0.5477630261

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.99785537354
R Square 0.9957153465
Adjusted R Square 0.99544755565
Standard Error 2.28493913026
Observations 35

ANOVA
df SS MS F
Regression 2 38825.6506746 19412.8253373 3718.2576213
Residual 32 167.070298528 5.220946829
Total 34 38992.7209731
Coefficients Standard Error t Stat P-value
Intercept 47.7799640192 2.11344142051 22.6076595053 3.038126E-21
Price -0.7829253277 0.25104178316 -3.1187052522 0.0038273452
Mileage 8.29446649743 0.09728793107 85.2568906129 2.60257E-39
Significance F
7.4472712E-37

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


39.9298121862 61.5164421723 39.9298121862 61.5164421723
-1.3137421693 -0.2763107124 -1.3137421693 -0.2763107124
8.10200997005 8.51065221471 8.10200997005 8.51065221471
-0.0808964961 0.0437513681 -0.0808964961 0.0437513681

Significance F
1.290183E-38
Lower 95% Upper 95% Lower 95.0% Upper 95.0%
43.4750247203 52.0849033181 43.4750247203 52.0849033181
-1.2942807064 -0.271569949 -1.2942807064 -0.271569949
8.09629746671 8.49263552815 8.09629746671 8.49263552815
Sales = 50.72 – 0.79 (Price) + 8.30 (Mileage) – 0.019 (Top Speed)

Top speed is insignificant as p > 0.05

We run again leaving top speed

Sales = 47.78 – 0.78 (Price) + 8.29 (Mileage)

As p<0.05 in both the cases, both price and mileage are significant

So from the given price and mileage values,

Predicted sales = 47.78 - 0.78*6 + 8.29*22 = 225.48


Profit = 225.48 - 6 = 219.48
Sales Price
Cars (in 1,000 (in lakh Top speed Mileage
(Km/hr) (Km/ltr)
units) rupees)

Marengo 1 20.896 42.5 199.4 9.3


Marengo 2 31.048 36 235.2 9.7 SUMMARY OUTPUT
Marengo 3 29.904 54.7 240.8 16.6
Marengo 4 28.792 42.7 232.5 11.7 Regression Statistics
Marengo 5 16.776 44.9 188.8 13.7 Multiple R 0.92902513318
Marengo 6 18.928 35.5 184.2 9.6 R Square 0.86308769807
Marengo 7 22.776 51.3 207.7 13.7 Adjusted R Square 0.84787522008
Marengo 8 36.824 30.4 249.5 12.6 Standard Error 2.30673039512
Marengo 9 22.216 38.4 175.8 16.2 Observations 31
Marengo 10 35.456 32.2 245.6 9.6
Marengo 11 28.576 59.4 223.3 11.3 ANOVA
Marengo 12 33.648 50.8 240 13.6 df
Marengo 13 33.44 57.5 250 13.5 Regression 3
Marengo 14 34.912 44.6 247.4 11.1 Residual 27
Marengo 15 24.016 34.6 192 14.1 Total 30
Marengo 16 20.992 56.4 201.2 13.4
Marengo 17 21.696 41.4 193.3 12.8 Coefficients
Marengo 18 17.832 53.7 202 16 Intercept -13.447648888
Marengo 19 25.624 44.8 208.9 12.7 Price -0.1867281721
Marengo 20 21.92 32.4 176.9 13.6 Mileage 0.04130118699
Marengo 21 24.792 40.9 218.2 11.6 Top speed 0.22080168204
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 SUMMARY OUTPUT
Marengo 26 19.328 37.9 184.1 9.4
Marengo 27 27.216 52.9 240.3 15.3 Regression Statistics
Marengo 28 23.096 42.7 192.1 15 Multiple R 0.92891610425
Marengo 29 17.824 54.9 199 13.5 R Square 0.86288512873
Marengo 30 19.144 44 181.1 11.8 Adjusted R Square 0.85309120935
Marengo 31 21.6 42.2 181.2 9.3 Standard Error 2.26683937947
Observations 31

ANOVA

df
Regression 2
Residual 28
Total 30
Coefficients
Intercept -12.970131362
Price -0.1824738202
Top speed 0.22013989044
SS MS F Significance F
905.669817745 301.889939248 56.735510055 8.7448816E-12
143.667138126 5.32100511578
1049.33695587

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
4.45379402893 -3.019369284 0.0054789632 -22.586079391 -4.3092183857 -22.586079391
0.05543836326 -3.3682122113 0.0022883767 -0.3004782976 -0.0729780466 -0.3004782976
0.2066403011 0.19986995164 0.8430800339 -0.3826896887 0.46529206273 -0.3826896887
0.01722315008 12.8200521366 5.388275E-13 0.18546269711 0.25614066697 0.18546269711

SS MS F Significance F
905.457254246 452.728627123 88.104169082 8.3020213E-13
143.879701625 5.13856077234
1049.33695587
Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
3.69375976376 -3.511362999 0.0015305489 -20.536455242 -5.4038074814 -20.536455242
0.05030397996 -3.6274231251 0.0011300029 -0.285516852 -0.0794307884 -0.285516852
0.01660958741 13.2537843926 1.37965E-13 0.18611669296 0.25416308792 0.18611669296
Upper 95.0%
-4.3092183857
-0.0729780466
0.46529206273
0.25614066697
Upper 95.0%
-5.4038074814
-0.0794307884
0.25416308792
Sales = -13.45 – 0.19 (Price) + 0.04 (Mileage) + 0.22 (Top Speed)

Mileage is insignificant as p > 0.05

We run again leaving mileage

Sales = -12.97 – 0.18 (Price) + 0.22 (Top Speed)

So from the given price and mileage values,

Predicted sales = -12.97 – 0.18*33 + 0.22*210 = 27.29


Profit = 27.29 - 33 = -5.71

We end up in losses if we choose Marengo

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