Multiple Regression
Multiple Regression
Example: A statistician wants to predict the income of restaurants,
using two independent variables; the number of restaurant employers and
restaurant floor area. He collected the following data. Calculate the multiple
regression with two regressors.
Data:
Income (000)
Y
|
Floor area (000 sq. ft)
X1
|
No of employers
X2
|
30
22
16
7
14
|
10
5
10
3
2
|
15
8
12
7
2
|
Solution (through Minitab):
1. Enter the data in three
separate columns and assign columns names (i.e. Y, X1, X2)
2. Chose Stat
> Regression > Regression > Fit Regression Model
3. In Responses select Y (dependent variable)
4. In Continuous Predictor select X1, X2
(independent variables)
5. Click OK button and see the result.
Result:
Click bellow to watch video
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