betas | |||||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | ||
Intercept | 60 | 9.22603481 | 6.503336 | 0.000187444 | 38.72472558 | 81.27527 | |
X Variable 1 | 5 | 0.580265238 | 8.616749 | 2.54887E-05 | 3.661905962 | 6.338094 | |
please show me the formula on exel how the teacher got thesee results?
Here are the following data
Restaurant | Population as x | Sales as y | |
1 | 2 | 58 | |
2 | 6 | 105 | |
3 | 8 | 88 | |
4 | 8 | 118 | |
5 | 12 | 117 | |
6 | 16 | 137 | |
7 | 20 | 157 | |
8 | 20 | 169 | |
9 | 22 | 149 | |
10 | 26 | 202 |
This rsults is obtained by performing Regression in excel taking x as independent variable and y as dependent variable.
the steps of performing regression in excel is explained below:
To add data analysis option in your tool bar( ignore this part if data analysis is showing in your tool bar after selecting data tab)
this will add data analysis to your tool bar.
doing Regression.
This will give you the above result.
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