ASSIGNMENT 4

Assignment 4



Assignment 4

Question 7 - 12

Interpretation of Results

After running the multiple linear regression it was found that the car sales are diversely affected by the dummy variables taken in the regression. The R - square is 0.430 showing that the dummy variables showed only 43% variation in the overall sales of new cars. Further, the standard error is 5049.112 which is clearly showing the reason for slightly less variation of R - square.

Regression Statistics

Multiple R

0.656325968

R Square

0.430763776

Adjusted R Square

0.128197174

Standard Error

5049.11287

Observations

36

The results of the coefficients of the dummy variables show that the average sales for December in the three ...