Supermarket profit multiple regression analysis

You have to indicate the purpose of the study and discuss (not listing) data characteristics before answering questions and interpreting the results of the regression analysis. 

1. Run a multiple regression using the above data. (with profit as the dependent variable). 

2. Compare the result of question (1) with another regression equation obtained without the food sales variable. 

3. Which of the models do you prefer? Why?

4. Interpret your results for (1) and (2). 

5. In writing your paper, you should start by indicating the purpose of the study. Also, discuss the methodology and conclusions. 

** You can use EXCEL or any other software. ** You need to include your printout in your submissions. 

The layout and format of the paper should include the following sections: 

Title page, Abstract, Introduction, Method, Results, and Discussion. 

a) Abstract is a very concise summary of the paper. 

b) The Introduction tells the reader about the topic. Specifically, it should start with the purpose of this paper is to examine…. What the issue is, what is known about it, and the specific focus? Put a business context to it — write the value added by your work or what businesses can gain from the knowledge of the determinants of market profits. 

c) Empirical Results you should start with a brief discussion of the descriptive statistics for each variable. 

d) Method you should be able to explain what method you are using for your work. For example, you can start with telling the reader that the ordinary least squares method (OLS) was used to obtain estimated coefficients… (Then write more). You should be able to write the equation from the Excel result. We expect to see you… 

1. Using the excel result to generate the equation. 

2. Find the standard error of each variable. 

3. Find the t-stat of each variable. 

4. Find the p-value of each variable. 


Ŷ = 1.24 + 1.71×1 – 0.83×2 – 2.12×3 

Sb1 (6.79) (1.43) (0.22) (0.85) 

T-stat [0.18] [1.20] [3.78] [2.48] 

P-value 0.857 0.247 0.002 0.025 

e) The results section should tell what was found from the computed data. Using Chapter 10 and 11 for helping you interpret your result. For instance, you should interpret the Coefficient of Determination (R2), F-test, t-test, p-value and etc. In addition, your result should use the hypothesis equation. Remember that in the results section there should include hypothesis testing for a t-test about each slope coefficient and a F-test for the overall regression model. 


For the t-test, it is written like this: 

H0: β1 = 0 

H1: β1 ≠ 0 


· You have to decide whether to use one-tail or two-tail test 

· You need to follow chapter 9 materials and declare your alternative hypothesis in each case very well 


H0: β1 = β2 = β3 = 0 

H1: β1 ≠ β2 ≠ β3 ≠ 0, or all three are ≠ 0 

(Note that: remember to mention what α is used in your hypothesis testing). 

f) The Discussion describes what your findings mean in the light of the information presented in the introduction. It is the interpretive segment of the paper and loops back to answer the issues raised in the introduction. Remember to answer questions 2 and 3.

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.