S.

No Price ($) Demand

1 50 19964.09 Dependent Variable:
2 60 19706.85 Independent Variable
3 70 20240.83
4 80 19698.81
5 90 20095.81
6 100 19390.99
7 110 19430.07
8 120 19273.69
9 130 18716.38
10 140 18925.36
11 150 19484.78
12 160 18934.88
13 170 18915.77
14 180 18893.37
15 190 18961.62
16 200 18443.29
17 210 18811.98
18 220 18561.92
19 230 18158.62
20 240 18412.56
250 18208.075
260 18118.053 SUMMARY OUTPUT
270 18028.031
x y Regression Statistics
Iv DV Multiple R 0.888318
R Square 0.7891088
b 20458.622 Adjusted R Squar 0.7767034
a -9.002186 Standard Error 269.47702
Observations 19

ANOVA
df SS MS
Regression 1 4619243 4619243
Residual 17 1234504 72617.862
Total 18 5853747

Coefficients
Standard Error t Stat
Intercept 20458.622 180.24133 113.50683
50 -9.002186 1.128715 -7.975606
Dependent Variable: Demand
Independent Variable Price

Demand
20500

20000

19500

19000

18500

18000

17500

17000
50 60 70 80 90 100 110 120 130 140 150 160 170 180 190 200 210 220 230 24

F Significance F
63.61028743 3.8048064E-07

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

6.29743E-26 20078.3456061 20838.898 20078.346 20838.898
3.80481E-07 -11.38356648 -6.620805 -11.38357 -6.620805
180 190 200 210 220 230 240
IV IV DV
Sales Staff Adv Cost (in 000) Total sales ( in 000)
39 523.5 439
29 215 98
57 227.5 70
23 244.5 52
56 313.5 64
39 279 72
22 238 47
42 85.5 85
23 217 59
51 109.5 63
17 227 57
34 116.5 54
11 369 404
15 178 380
12 101.5 65
24 26.5 40
83 582.5 456
24 159 176
31 285.5 61
79 360 91
33 263 59
83 443.5 83
39 1101.5 41
29 814 47
68 365 84
89 510 85
92 580.5 116
108 251 544
120 837 890
98 302.5 371