Consumption (Y, $)Income(X2, $)

70
65
90
95
110
115
120
140
155
150

80
100
120
140
160
180
200
220
240
260

Wealth (X3, $)
810
1009
1273
1425
1633
1876
2052
2201
2435
2686

SUMMARY OUTPUT
Regression Statistics
Multiple R
0.998962
R Square
0.997926
Adjusted R Square
0.997667
Standard Error 29.83972
Observations
10
ANOVA
df

Column 1
Column 2

Regression
Column 1
Column 2 Residual
1
Total
0.9989623917
1
Intercept
X Variable 1

1
8
9
Coefficients
7.545455
10.19091

RESIDUAL OUTPUT
Observation Predicted Y
1 822.8182
2 1026.636
3 1230.455
4 1434.273
5 1638.091
6 1841.909
7 2045.727
8 2249.545
9 2453.364
10 2657.182

X Variable
60
Residuals

40
20
0
-20 50
-40
-60

SS
MS
3427203 3427203
7123.273 890.4091
3434326

F
Significance F
3849.02 5.06E-012

Standard Error t Stat

P-value Lower 95% Upper 95% Lower 95.0%
Upper 95.0%
29.47581 0.255988 0.804419 -60.42589 75.5167958346 -60.42589 75.5168
0.164262 62.04047 5.06E-012 9.81212 10.5696985667 9.81212 10.5697

Residuals
-12.81818
-17.63636
42.54545
-9.272727
-5.090909
34.09091
6.272727
-48.54545
-18.36364
28.81818

100

X Variable 1 Residual Plot

60
Residuals

40
20
0
-20 50
-40
-60

100

150

200

X Variable 1

250

300

Consumption (Y, $)
70
65
90
95
110
115
120
140
155
150

Income(X2, $)
80
100
120
140
160
180
200
220
240
260

Wealth (X3, $)
810
1009
1273
1425
1633
1876
2052
2201
2435
2686

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
Income(X2, $)

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
Income(X2, $)
Wealth (X3, $)

gression Statistics
0.980847369
0.96206156
0.957319256
6.493003227
10

df

SS
MS
F
Significance F
1 8552.727272727 8552.727273 202.8679245 5.752746E-007
8 337.2727272727 42.15909091
9
8890

Coefficients Standard Error

t Stat
P-value
24.45454545
6.4138172987 3.812791091 0.005142172
0.509090909
0.0357428064 14.24317115 5.75275E-007

Lower 95%
Upper 95%
9.6642562412 39.24483467
0.4266678497 0.591513968

gression Statistics
0.981582597
0.963504395
0.95307708
6.80804069
10

df

SS
MS
F
Significance F
2 8565.554073715 4282.777037 92.40195925 9.286284E-006
7 324.4459262852 46.34941804
9
8890

Coefficients Standard Error

t Stat
P-value
Lower 95%
Upper 95%
24.77473327
6.7524995996 3.668972194 0.007975077 8.8076089567 40.74185758
0.941537342
0.8228982628 1.144172232 0.290164748 -1.0043078465 2.887382531
-0.04243453
0.0806644834 -0.526062126 0.615094539 -0.2331757232 0.148306664

Lower 95.0% Upper 95.0%

9.6642562412 39.244834668
0.4266678497 0.5915139685

Lower 95.0% Upper 95.0%

8.8076089567 40.741857581
-1.004307846 2.8873825313
-0.233175723 0.148306664