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    Expt 4 Regression

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    RAGHVANI ISHA
    This document describes an experiment using regression analysis on a toy sales dataset to build predictive models. It includes: 1) Construction of a simple linear regression model with unit sales as the response and price as the explanatory variable. This yields an R-squared value and residual standard error reported in the conclusion. 2) Construction of a multiple linear regression model using all variables to fit the regression model. This is compared to the simple linear model's R-squared value. 3) Analysis of which variable is most significant and whether promotion expenditure can be rejected as having no effect based on the multiple regression model. 4) Prediction of which scenario would yield maximum unit sales based on given price, advertising, and promotion

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    Expt 4 Regression

    Uploaded by

    RAGHVANI ISHA
    54 views1 page
    This document describes an experiment using regression analysis on a toy sales dataset to build predictive models. It includes: 1) Construction of a simple linear regression model with unit sales as the response and price as the explanatory variable. This yields an R-squared value and residual standard error reported in the conclusion. 2) Construction of a multiple linear regression model using all variables to fit the regression model. This is compared to the simple linear model's R-squared value. 3) Analysis of which variable is most significant and whether promotion expenditure can be rejected as having no effect based on the multiple regression model. 4) Prediction of which scenario would yield maximum unit sales based on given price, advertising, and promotion

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    This document describes an experiment using regression analysis on a toy sales dataset to build predictive models. It includes: 1) Construction of a simple linear regression model with unit sales as the response and price as the explanatory variable. This yields an R-squared value and residual standard error reported in the conclusion. 2) Construction of a multiple linear regression model using all variables to fit the regression model. This is compared to the simple linear model's R-squared value. 3) Analysis of which variable is most significant and whether promotion expenditure can be rejected as having no effect based on the multiple regression model. 4) Prediction of which scenario would yield maximum unit sales based on given price, advertising, and promotion

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    54 views1 page

    Expt 4 Regression

    Uploaded by

    RAGHVANI ISHA
    This document describes an experiment using regression analysis on a toy sales dataset to build predictive models. It includes: 1) Construction of a simple linear regression model with unit sales as the response and price as the explanatory variable. This yields an R-squared value and residual standard error reported in the conclusion. 2) Construction of a multiple linear regression model using all variables to fit the regression model. This is compared to the simple linear model's R-squared value. 3) Analysis of which variable is most significant and whether promotion expenditure can be rejected as having no effect based on the multiple regression model. 4) Prediction of which scenario would yield maximum unit sales based on given price, advertising, and promotion

    Copyright:

    © All Rights Reserved
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    Download as doc, pdf, or txt
    of 1

    Bansilal RamnathAgarwal Charitable Trust’s

    VISHWAKARMA INSTITUTE OF TECHNOLOGY – PUNE


    Department of Multidisciplinary Engineering

    MD2201: Data Science


    Name of the student: Roll No.

    Div: Batch:

    Date of performance:

    Experiment No.4

    Title: Regression .

    Aim: i. To construct a simple linear regression model


    ii. To construct a multiple linear regression model.

    Software used: Programming language R.

    Data Set: Toy Sales Dataset

    Code Statement:
    1. Simple Linear Regression
    i. Consider the Toy sales data set.
    ii. Apply simple linear model considering response as Unit sales and explanatory variable
    as Price.
    iii. Plot the scatter plot and draw the regression.
    iv. What are values of R-square and residual standard error? (Write in conclusion)
    v. Display all predicted values from the designed model and the corresponding values of
    error.
    2. Multiple Linear regression:
    i. Consider Toy sales data set.
    ii. Consider all variables to fit the regression model.
    iii. Compare the R-square of SLR with MLR. (Write in conclusion)
    iv. Which of the variable is more significant? Why? (Write in conclusion)
    v. Can you reject Null hypothesis for promotion expenditure variable? (Write in conclusion)
    vi. Which scenario from the following you will select to be applied to get maximum
    number of Unit sales? (Write in conclusion)
    a. Price=9.1$, Adexp=52,000$, Promexp=61,000$
    b. Price=8.1$, Adexp=50,000$,Promexp=60,000$

    Code: (Write code for above statements here)

    Results: Display the output obtained on R console for all the cases.

    Conclusion: (Write the conclusion in your words. Write the answers to the questions asked in all the above code
    statements.)

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