Househol AmountC

Income dSize harged

54 3 4,016
30 2 3,159
32 4 5,100
50 5 4,742
31 2 1,864
55 2 4,070
37 1 2,731
40 2 3,348
66 4 4,764
51 3 4,110
25 3 4,208
48 4 4,219
27 1 2,477
33 2 2,514
65 3 4,214
63 4 4,965
42 6 4,412
21 2 2,448
44 1 2,995
37 5 4,171
62 6 5,678
21 3 3,623
55 7 5,301
42 2 3,020
41 7 4,828
54 6 5,573
30 1 2,583
48 2 3,866
34 5 3,586
67 4 5,037
50 2 3,605
67 5 5,345
55 6 5,370
52 2 3,890
62 3 4,705
64 2 4,157
22 3 3,579
29 4 3,890
39 2 2,972
35 1 3,121
39 4 4,183
54 3 3,730
23 6 4,127
27 2 2,921
26 7 4,603
61 2 4,273
30 2 3,067
22 4 3,074
46 5 4,820
66 4 5,149
 HouseholdSi AmountChar
Income ze ged predicted error sqerror
54 3 4,016 4162.9746 -147 21,602
30 2 3,159 3011.4874 148 21,760
32 4 5,100 3790.3448 1,310 1,715,197
50 5 4,742 4743.0341 -1 1
31 2 1,864 3044.6204 -1,181 1,393,865
55 2 4,070 3839.8119 230 52,987
37 1 2,731 2887.1226 -156 24,374
40 2 3,348 3342.8172 5 27
66 4 4,764 4916.8661 -153 23,368
51 3 4,110 4063.5757 46 2,155
25 3 4,208 3202.1183 1,006 1,011,798
48 4 4,219 4320.4725 -101 10,297

27 1 2,477 2555.7928 -79 6,208

33 2 2,514 3110.8864 -597 356,273

65 3 4,214 4527.4374 -313 98,243
63 4 4,965 4817.4671 148 21,766
42 6 4,412 4834.266 -422 178,309
21 2 2,448 2713.2906 -265 70,379
44 1 2,995 3119.0534 -124 15,389
37 5 4,171 4312.3054 -141 19,967
62 6 5,678 5496.9256 181 32,788
21 3 3,623 3069.5863 553 306,267
55 7 5,301 5621.2904 -320 102,586
42 2 3,020 3409.0832 -389 151,386
41 7 4,828 5157.4287 -329 108,523
54 6 5,573 5231.8617 341 116,375
30 1 2,583 2655.1917 -72 5,212
48 2 3,866 3607.8811 258 66,625
34 5 3,586 4212.9065 -627 393,012
67 4 5,037 4949.9991 87 7,569
50 2 3,605 3674.147 -69 4,781
67 5 5,345 5306.2948 39 1,498
55 6 5,370 5264.9947 105 11,026
52 2 3,890 3740.413 150 22,376
62 3 4,705 4428.0385 277 76,708
64 2 4,157 4138.0087 19 361
22 3 3,579 3102.7193 476 226,843
29 4 3,890 3690.9459 199 39,623
39 2 2,972 3309.6842 -338 114,031
35 1 3,121 2820.8566 300 90,086
39 4 4,183 4022.2757 161 25,832
54 3 3,730 4162.9746 -433 187,467
23 6 4,127 4204.7394 -78 6,043
27 2 2,921 2912.0885 9 79
26 7 4,603 4660.4341 -57 3,299
61 2 4,273 4038.6098 234 54,939
30 2 3,067 3011.4874 56 3,082
22 4 3,074 3459.015 -385 148,237
46 5 4,820 4610.5022 209 43,889
66 4 5,149 4916.8661 232 53,886
beta0 1304.906685677
beta1 33.1329781822 SUMMARY OUTPUT
beta2 356.2957065416
Regression Statistics
Multiple R 0.9086039 Correlation Coefficient
sumsqerror 7,448,393 R Square 0.8255611 Coefficient of Determination
Adjusted R0.8181382
Standard Er398.09101
Income Avg 43.48 Observatio 50
HS Avg 3.42
Exp Avg 3,964 ANOVA
df SS

Correlation between
Actual & Predicted
Expenditures (also
called R) 0.9086039214 Explained Regression 2 35250756
Rsquared
(coefficient of
Determination) 0.825561086 Unexplained Residual 47 7448393
Total 49 42699149

Coefficients
Standard Error
Intercept 1304.9048 197.65484
Income 33.133009 3.9679058
HouseholdS 356.2959 33.20089

Since the p value is less than 0.05, we can say both

If the p value is greater than 0.05 for any of the Pa
Correlation Coefficient
Coefficient of Determination

MS F Significance F

17625378 111.21765 1.509E-18 F calculated value is greater than F Critical Value. P value is highly significant. Re

158476.45

t Stat P-value Lower 95%Upper 95% Lower 95.0%

Upper 95.0%
6.6019368 3.287E-08 907.27452 1702.535 907.27452 1702.535
8.3502509 7.682E-11 25.150612 41.115406 25.150612 41.115406
10.731516 3.123E-14 289.50433 423.08748 289.50433 423.08748

ss than 0.05, we can say both Income & HS variables are significant enough in the Regression Model and need not be dropped fr
r than 0.05 for any of the Parameters B1 or B2, we would need to drop them from our Analysis as they propose no significant ef
alue is highly significant. Regression is highly significant

and need not be dropped from our Analysis

y propose no significant effect on Y.