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Forecast functionICT

The document presents regression statistics analyzing the relationship between weekly advertising spending and weekly sales revenue over 20 weeks. It finds that weekly advertising has a significant positive correlation with weekly sales revenue, with higher advertising leading to higher revenue.

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0% found this document useful (0 votes)
10 views

Forecast functionICT

The document presents regression statistics analyzing the relationship between weekly advertising spending and weekly sales revenue over 20 weeks. It finds that weekly advertising has a significant positive correlation with weekly sales revenue, with higher advertising leading to higher revenue.

Uploaded by

erisilala
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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SUMMARY OUTPUT

Regression Statistics
Multiple R 0.833771
R Square 0.695174
Adjusted R Square 0.678239
Standard Error 1419.42
Observations 20

ANOVA
df SS MS F Significance F
Regression 1 82705789 82705789 41.0501 4.95E-06
Residual 18 36265548 2014753
Total 19 1.19E+08

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 21817.34 1106.26 19.72172 1.227E-13 19493.17 24141.5 19493.17 24141.5
Weekly Advertising 35.04445 5.469684 6.407035 4.95E-06 23.55308 46.53583 23.55308 46.53583
Upper 95.0%
week Weekly Advertising Weekly Sales Revenue Week Advertising
1 125 24,006 21 100
2 150 27,695 type a value for the cost of a
3 125 26,798
4 175 29,049 Chart Title
5 200 31,204
35,000
6 100 24,302
7 250 29,679 30,000 f(x) = 35.0444547563805 x + 21817.33
R² = 0.695174075394245
8 125 25,403
25,000
9 175 27,001 35,000
10 175 30,004 20,000
30,000
11 250 29,454
15,000
12 300 32,405 25,000
13 200 28,330 10,000
20,000
14 250 31,044
5,000
15 125 24,560 15,000
16 175 30,059 0
50 100 150 10,000 200
17 200 30,495
18 225 29,405 correl 5,000
19 250 31,003 1
0
20 300 30,248 50 100
Sales Revenue
25321.78 25321.4
pe a value for the cost of advertising at E2

Chart Title

5.0444547563805 x + 21817.3368909513
695174075394245
Chart Title
35,000

30,000 f(x) = 35.0444547563805 x + 21817.3368909513


R² = 0.695174075394245
25,000

20,000

15,000

150 10,000 200 250 300 350

5,000

0
50 100 150 200 250 300 350

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