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SUMMARY OUTPUT

Regression Statistics
Multiple R 0.7310445
R Square 0.534426
Adjusted R Square 0.4921011 1- 49.2% of the variation in Graduation % is explained by Median SAT score, Acceptance ra
Standard Error 5.3083381
Observations 49

ANOVA
df SS MS F Significance F
Regression 4 1423.209266 355.8023165519 12.62675 6.3316E-07 2- H0- Model is not fit, H1- Mo
Residual 44 1239.851958 28.1784535973
Total 48 2663.061224

Coefficients Standard Error t Stat P-value Lower 95% Upper 95%


Intercept 17.920956 24.55722367 0.7297631081 0.469402 -31.5708758 67.41279
Median SAT 0.0720063 0.017983915 4.0039270073 0.000236 0.03576209 0.10825
Acceptance Rate -24.859232 8.315184822 -2.9896186721 0.00456 -41.6173854 -8.10108
Expenditures/Student -0.0001356 6.593143E-05 -2.0574383852 0.0456 -0.00026853 -2.77E-06
Top 10% HS -0.1627645 0.079344518 -2.0513640147 0.046214 -0.32267285 -0.00286

RESIDUAL OUTPUT PROBABILITY OUTPUT

ObservationPredicted GraduationResiduals
% Standard Residuals PercentileGraduation %
1 89.692038 3.307961877 0.6508729134 1.02040816 61
2 78.967854 1.032146276 0.2030845815 3.06122449 68
3 86.437888 1.5621124634 0.3073604618 5.10204082 72
4 74.729651 -6.72965062 -1.3241226677 7.14285714 73
5 89.380672 0.619328045 0.1218586743 9.18367347 73
6 87.89077 2.109230342 0.4150111001 11.2244898 73
7 80.417566 3.582433685 0.7048778481 13.2653061 73
8 81.200647 -6.200646769 -1.2200361362 15.3061224 74
9 87.220721 -7.220721314 -1.4207454901 17.3469388 75
10 77.196208 -0.196208082 -0.0386058034 19.3877551 76
11 85.867429 -11.86742879 -2.3350293135 21.4285714 77
12 81.869513 2.130486619 0.4191934744 23.4693878 77
13 86.753135 -1.753134656 -0.3449458922 25.5102041 77
14 83.096638 6.903362332 1.3583020965 27.5510204 78
15 83.75862 -0.758620427 -0.1492657733 29.5918367 80
16 82.602646 6.39735412 1.2587401756 31.6326531 80
17 85.8641 5.13589959 1.0105370175 33.6734694 80
18 87.984831 1.01516896 0.1997441333 35.7142857 82
19 77.23627 -4.236269509 -0.8335262556 37.755102 83
20 84.850158 0.149841556 0.0294827492 39.7959184 83
21 91.08168 -1.081680145 -0.2128308406 41.8367347 84
22 87.557973 -0.557972978 -0.1097864822 43.877551 84
23 81.47924 4.520760421 0.8895025443 45.9183673 84
24 88.14135 3.858649714 0.7592259748 47.9591837 85
25 85.012788 0.987211642 0.1942432656 50 85
26 78.345926 4.654074221 0.9157333003 52.0408163 86
27 78.358347 3.641652565 0.7165297252 54.0816327 86
28 80.671765 -3.671764666 -0.722454567 56.122449 86
29 78.458961 -6.458961091 -1.2708619322 58.1632653 86
30 88.2898 -8.289800184 -1.6310969102 60.2040816 87
31 89.16939 3.830609673 0.7537088306 62.244898 87
32 90.046178 -2.046177817 -0.402604917 64.2857143 88
33 75.791005 11.20899535 2.2054762811 66.3265306 88
34 88.720996 -0.720996312 -0.1418628712 68.3673469 88
35 89.858735 -1.858735452 -0.3657238516 70.4081633 88
36 74.532292 2.4677080118 0.4855449859 72.4489796 88
37 83.016101 -10.01610098 -1.9707629851 74.4897959 89
38 73.467614 -0.467613889 -0.0920074734 76.5306122 89
39 81.547066 4.4529341711 0.8761570854 78.5714286 90
40 81.26697 6.733030226 1.3247876371 80.6122449 90
41 70.193853 -9.193852888 -1.808977865 82.6530612 90
42 73.804152 -0.804151577 -0.1582244595 84.6938776 90
43 88.539778 -4.539778253 -0.8932444833 86.7346939 91
44 75.738267 0.261732544 0.0514983636 88.7755102 91
45 87.197474 -9.197474051 -1.8096903632 90.8163265 92
46 79.595905 6.404095353 1.2600665772 92.8571429 93
47 87.520581 3.479419002 0.6846087308 94.8979592 93
48 89.938353 3.061647094 0.6024081406 96.9387755 93
49 88.640105 4.359894594 0.8578506651 98.9795918 93
edian SAT score, Acceptance rate, Expenditure, Top 10% HS

2- H0- Model is not fit, H1- Model is fit, here significance f is less than 0.05, therefore we reject H0 and Accept H1, the MODEL APPEARS

Lower 95.0%
Upper 95.0%
-31.5709 67.41279 3- H0- Intercept is not significant, H1- Intercept is significant, p value is 0.46 which is more than 0.05, thus
0.035762 0.10825 4- H0- Median SAT is not significant, H1- Median SAT is significant, p value is less than 0.05, thus we reje
-41.6174 -8.10108 5- H0- Acceptance Rate is not significant, H1- Acceptance Rate is significant, p value is less than 0.05, thu
-0.00027 -2.77E-06 6- H0- Expenditure is not significant, H1- Expenditure is significant, p value is less than 0.05, thus H0 is re
-0.32267 -0.00286 7- H0- Top 10% HS is not significant, H1- Top 10% HS is significant, p vale is less than 0.05, thus H0 is re
8- Regression equation: Graduation %= 0.072 (Median SAT) - 24 (Acceptance Rate) - 0.00013 (Expenditu
9- No outliers
10- Normal probability is almost straight line, model is good
TY OUTPUT 11-

Graduation %
Median SAT Residual Plot
20
10
0
-101050 1100 1150 1200 1250 1300 1350 1400 1
-20
Median SAT

cept H1, the MODEL APPEARS TO BE FIT.

Acceptance Rate Residual Plot


20

Residuals
46 which is more than 0.05, thus we accept H0, Intercept is not significant.
ue is less than 0.05, thus we reject H0, Median SAT is significant. 0
ant, p value is less than 0.05, thus H0 is rejected, Acceptance Rate is significant. 10% 20% 30% 40% 50% 60%
e is less than 0.05, thus H0 is rejected, Expenditure is significant -20
e is less than 0.05, thus H0 is rejected, Top 10% HS is significant Acceptance Rate
ance Rate) - 0.00013 (Expenditure) - 0.1627 (Top 10% HS)

Expenditures/Student Residual P
20
10
Residuals

0
-10 $- $50,000 $100,000 $15
-20
Expenditures/Student

Top 10% HS Residual Plot


20
10
Residuals

0
-10 40 50 60 70 80 90 100
-20
Top 10% HS

Normal Probability Plot


100
Graduation %

50
0
0 20 40 60 80 100
Sample Percentile
100

Graduation %
50
0
0 20 40 60 80 100
Sample Percentile
Residuals
AT Residual Plot

0 1200 1250 1300 1350 1400 1450

Median SAT

e Rate Residual Plot

30% 40% 50% 60% 70%

Acceptance Rate

/Student Residual Plot

50,000 $100,000 $150,000

Expenditures/Student

HS Residual Plot

60 70 80 90 100 110

Top 10% HS

Probability Plot

40 60 80 100 120
Sample Percentile
40 60 80 100 120
Sample Percentile
Colleges and Universities

School Type Median SAT Acceptance Rate Expenditures/Student


Amherst Lib Arts 1315 22% $ 26,636
Barnard Lib Arts 1220 53% $ 17,653
Bates Lib Arts 1240 36% $ 17,554
Berkeley University 1176 37% $ 23,665
Bowdoin Lib Arts 1300 24% $ 25,703
Brown University 1281 24% $ 24,201
Bryn Mawr Lib Arts 1255 56% $ 18,847
Cal Tech University 1400 31% $ 102,262
Carleton Lib Arts 1300 40% $ 15,904
Carnegie Mellon University 1225 64% $ 33,607
Claremont McKenna Lib Arts 1260 36% $ 20,377
Colby Lib Arts 1200 46% $ 18,872
Colgate Lib Arts 1258 38% $ 17,520
Columbia University 1268 29% $ 45,879
Cornell University 1280 30% $ 37,137
Davisdson Lib Arts 1230 36% $ 17,721
Duke University 1310 25% $ 39,504
Georgetown University 1278 24% $ 23,115
Grinnell Lib Arts 1244 67% $ 22,301
Hamilton Lib Arts 1215 38% $ 20,722
Harvard University 1370 18% $ 46,918
Haverford Lib Arts 1285 35% $ 19,418
Johns Hopkins University 1290 48% $ 45,460
Middlebury Lib Arts 1255 25% $ 24,718
MIT University 1357 30% $ 56,766
Mount Holyoke Lib Arts 1200 61% $ 23,358
Northwestern University 1230 47% $ 28,851
Oberlin Lib Arts 1247 54% $ 23,591
Occidental Lib Arts 1170 49% $ 20,192
Pomona Lib Arts 1320 33% $ 26,668
Princeton University 1340 17% $ 48,123
Rice University 1327 24% $ 26,730
Smith Lib Arts 1195 57% $ 25,271
Stanford University 1370 18% $ 61,921
Swarthnore Lib Arts 1310 24% $ 27,487
U Michigan University 1195 60% $ 21,853
U of Chicago University 1300 45% $ 38,937
U of Rochester University 1155 56% $ 38,597
U Pennsylvania University 1280 41% $ 30,882
U Va University 1218 37% $ 19,365
UCLA University 1142 43% $ 26,859
UNC University 1109 32% $ 19,684
Vassar Lib Arts 1287 43% $ 20,179
Washington U (MO) University 1225 54% $ 39,883
Washinton and Lee Lib Arts 1234 29% $ 17,998
Wellesley Lib Arts 1250 49% $ 27,879
Wesleyan (CT) Lib Arts 1290 35% $ 19,948
Williams Lib Arts 1336 28% $ 23,772
Yale University 1350 19% $ 52,468
Top 10% HS Graduation %
85 93
69 80
58 88
95 68
78 90
80 90
70 84
98 75
75 80
52 77
68 74
52 84
61 85
78 90
85 83
77 89
91 91
79 89
65 73
51 85
90 90
71 87
69 86
65 92
95 86
47 83
77 82
64 77
54 72
79 80
89 93
85 88
65 87
92 88
78 88
71 77
74 73
52 73
87 86
77 88
96 61
82 73
53 84
71 76
61 78
76 86
73 91
86 93
90 93
Covariance Graduation % (X) Median SAT (Y) X - Mean(X) Y - Mean(Y)
93 1315 9.755 51.898
80 1220 -3.245 -43.102
88 1240 4.755 -23.102
68 1176 -15.245 -87.102
90 1300 6.755 36.898
90 1281 6.755 17.898
84 1255 0.755 -8.102
75 1400 -8.245 136.898
80 1300 -3.245 36.898
77 1225 -6.245 -38.102
74 1260 -9.245 -3.102
84 1200 0.755 -63.102
85 1258 1.755 -5.102
90 1268 6.755 4.898
83 1280 -0.245 16.898
89 1230 5.755 -33.102
91 1310 7.755 46.898
89 1278 5.755 14.898
73 1244 -10.245 -19.102
85 1215 1.755 -48.102
90 1370 6.755 106.898
87 1285 3.755 21.898
86 1290 2.755 26.898
92 1255 8.755 -8.102
86 1357 2.755 93.898
83 1200 -0.245 -63.102
82 1230 -1.245 -33.102
77 1247 -6.245 -16.102
72 1170 -11.245 -93.102
80 1320 -3.245 56.898
93 1340 9.755 76.898
88 1327 4.755 63.898
87 1195 3.755 -68.102
88 1370 4.755 106.898
88 1310 4.755 46.898
77 1195 -6.245 -68.102
73 1300 -10.245 36.898
73 1155 -10.245 -108.102
86 1280 2.755 16.898
88 1218 4.755 -45.102
61 1142 -22.245 -121.102
73 1109 -10.245 -154.102
84 1287 0.755 23.898
76 1225 -7.245 -38.102
78 1234 -5.245 -29.102
86 1250 2.755 -13.102
91 1290 7.755 26.898
93 1336 9.755 72.898
93 1350 9.755 86.898
Mean 83.245 1263.102 Sum
Count
Covariance
COVARIANCE.S
(X - Mean(X))(Y-Mean(Y))
506.2698875469
139.8617242816
-109.8525614327
1327.8617242816
249.2494793836
120.9025406081
-6.1178675552
-1128.7097042899
-119.7301124531
237.9433569346
28.6780508122
-47.6484798001
-8.9546022491
33.0862140775
-4.1382757185
-190.5056226572
363.6984589754
85.739275302
195.6984589754
-84.4239900042
722.1066222407
82.2290712203
74.1066222407
-70.9341940858
258.6984589754
15.4535610162
41.2086630571
100.5556018326
1046.9229487714
-184.6280716368
750.1474385673
303.8413161183
-255.7301124531
508.3107038734
223.0045814244
425.2902957101
-378.0158267389
1107.4943773428
46.5556018326
-214.4648063307
2693.9025406081
1578.7596834652
18.0453977509
276.0453977509
152.6372344856
-36.0974593919
208.5964181591
711.127030404
847.6984589754
12641.7755102041
49
263.3703231293
263.3703231293
Correlation Graduation % (X) Median SAT (Y) X - Mean(X) Y - Mean(Y)
93 1315 9.755 51.898
80 1220 -3.245 -43.102
88 1240 4.755 -23.102
68 1176 -15.245 -87.102
90 1300 6.755 36.898
90 1281 6.755 17.898
84 1255 0.755 -8.102
75 1400 -8.245 136.898
80 1300 -3.245 36.898
77 1225 -6.245 -38.102
74 1260 -9.245 -3.102
84 1200 0.755 -63.102
85 1258 1.755 -5.102
90 1268 6.755 4.898
83 1280 -0.245 16.898
89 1230 5.755 -33.102
91 1310 7.755 46.898
89 1278 5.755 14.898
73 1244 -10.245 -19.102
85 1215 1.755 -48.102
90 1370 6.755 106.898
87 1285 3.755 21.898
86 1290 2.755 26.898
92 1255 8.755 -8.102
86 1357 2.755 93.898
83 1200 -0.245 -63.102
82 1230 -1.245 -33.102
77 1247 -6.245 -16.102
72 1170 -11.245 -93.102
80 1320 -3.245 56.898
93 1340 9.755 76.898
88 1327 4.755 63.898
87 1195 3.755 -68.102
88 1370 4.755 106.898
88 1310 4.755 46.898
77 1195 -6.245 -68.102
73 1300 -10.245 36.898
73 1155 -10.245 -108.102
86 1280 2.755 16.898
88 1218 4.755 -45.102
61 1142 -22.245 -121.102
73 1109 -10.245 -154.102
84 1287 0.755 23.898
76 1225 -7.245 -38.102
78 1234 -5.245 -29.102
86 1250 2.755 -13.102
91 1290 7.755 26.898
93 1336 9.755 72.898
93 1350 9.755 86.898
Mean 83.245 1263.102 Sum
Sample Standard Deviation 7.449 62.676 Count
Sample Covariance
Sample Correlation

CORREL Function
Assuming Population Data:

Population Standard Deviation 7.372 62.034


Population Covariance 257.9954185756
Population Correlation 0.5641468267
(X - Mean(X))(Y-Mean(Y))
506.2698875469
139.8617242816
-109.8525614327
1327.8617242816
249.2494793836
120.9025406081
-6.1178675552
-1128.7097042899
-119.7301124531
237.9433569346
28.6780508122
-47.6484798001
-8.9546022491
33.0862140775
-4.1382757185
-190.5056226572
363.6984589754
85.739275302
195.6984589754
-84.4239900042
722.1066222407
82.2290712203
74.1066222407
-70.9341940858
258.6984589754
15.4535610162
41.2086630571
100.5556018326
1046.9229487714
-184.6280716368
750.1474385673
303.8413161183
-255.7301124531
508.3107038734
223.0045814244
425.2902957101
-378.0158267389
1107.4943773428
46.5556018326
-214.4648063307
2693.9025406081
1578.7596834652
18.0453977509
276.0453977509
152.6372344856
-36.0974593919
208.5964181591
711.127030404
847.6984589754
12641.7755102041
49
263.3703231293
0.5641468267

0.5641468267

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