Regression and Correlation Responses

profileislandbuilt
RESPONSE1.xlsx

WithoutS.

Price Without Supercar
Mean 31560
Standard Error 2098.7403629585
Median 32250
Mode ERROR:#N/A
Standard Deviation 6636.7997642773
Sample Variance 44047111.1111111
Kurtosis -1.9893518953
Skewness -0.172583768
Range 17500
Minimum 22000
Maximum 39500
Sum 315600
Count 10
Confidence Level(95.0%) 4747.6805449202

WithS.

Price With Supercar
Mean 192327.272727273
Standard Error 160778.48063317
Median 36500
Mode ERROR:#N/A
Standard Deviation 533241.894623648
Sample Variance 284346918181.818
Kurtosis 10.9959113277
Skewness 3.3157768188
Range 1778000
Minimum 22000
Maximum 1800000
Sum 2115600
Count 11
Confidence Level(95.0%) 358236.77926209

Regression

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.3173782172
R Square 0.1007289327
Adjusted R Square -0.0277383626
Standard Error 6154.8245368463
Observations 9
ANOVA
df SS MS F Significance F
Regression 1 29702500.0000001 29702500.0000001 0.7840823026 0.4052846815
Residual 7 265173055.555555 37881865.0793651
Total 8 294875555.555556
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 29897.2222222222 3698.5892431805 8.0834124193 0.0000853028 21151.4484011173 38642.9960433271 21151.4484011173 38642.9960433271
0 2725 3077.4122684231 0.8854842193 0.4052846815 -4551.9236820625 10001.9236820625 -4551.9236820625 10001.9236820625
RESIDUAL OUTPUT
Observation Predicted 22000 Residuals Standard Residuals
1 32622.2222222222 -8622.2222222222 -1.4976126811
2 32622.2222222222 -6122.2222222222 -1.0633822001
3 32622.2222222222 -5622.2222222222 -0.9765361039
4 29897.2222222222 -1897.2222222222 -0.3295326873
5 32622.2222222222 3877.7777777778 0.6735397239
6 35347.2222222222 1652.7777777778 0.2870745958
7 32622.2222222222 4877.7777777778 0.8472319163
8 29897.2222222222 7702.7777777778 1.3379123598
9 35347.2222222222 4152.7777777778 0.7213050768

Car List

Vehicle Year Count Year Engine Make Model Price MPG (city) MPG (highway)
SUV 0 2021 Hybrid Subaru Crosstrek $22,000 22 29
Wagon 1 2020 Hybrid Kia Niro LX $24,000 52 49
Sedan 1 2020 Hybrid Ford Fusion SE $26,500 43 41
Crossover 1 2020 Hybrid Ford Escape SE $27,000 44 37
SUV 0 2021 Hybrid Toyota RAV4 $28,000 41 38
SUV 1 2020 Hybrid MINI Countryman $36,500 29 73
Sedan 2 2019 Electric Honda Clarity $37,000 126 103
Sedan 1 2020 Electric Chevrolet Bolt EV $37,500 127 118
SUV 0 2021 Electric Hyundai Kona $37,600 132 120
Hatchback 2 2019 Electric BMW i3 $39,500 100 113
Sport 2019 Gas Bugatti Veyron 16.4 $1,800,000 15 37
Qualitative Quantitative Qualitative Qualitative Qualitative Quantitative Quantitative Quantitative
Correlation: 0.4642240324 Without Supercar:
R-Squared: 0.2155039519 Mean: $31,560
RE: 29897.22 Median: $32,250
SD: 6636.799764
Sample Size: 10
With Supercar:
Mean: $192,327
Median: $36,500
SD: 533241.8946
Sample Size: 11