Regression Analysis and Quantitative Techniques Essay

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Name ID Class Date

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Lecturer :

Quantitative Techniques in Business

Quantitative Techniques in Business

Company 1

Company 2

Page 2 of 15

Quantitative Techniques in Business

Contents
1.0 1.1 1.2 1.3 2.0 2.1 2.2 3.0 3.1 Introduction ......................................................................................................................... 4 Company 1 ....................................................................................................................... 4 Company 2 ....................................................................................................................... 5 Sample Characteristics ............................................................................................... 5 The conceptual model used for analysis. ............................................................... 7 The Conceptual Model ............................................................................................... 7 Justification for the selection of variables .......................................................... 7 Regression Analysis ......................................................................................................... 8 Regression Analysis for Entire Sector (Both Companies) .......................... 8 Interpretation of Model for sector [Company 1 & 2] ........................... 9 Regression Analysis Model: ........................................................................... 9 Goodness-of-fit : Sector: .................................................................................. 9 Interpretation of the model coefficients - Sector................................... 9 Significance of coefficients - Sector ............................................................. 9 Interpretation of Model for Company 1...................................................... 11 Regression Analysis Model-Company 1: ................................................... 11 Goodness-of-fit-Company 1:....................................................................... 11 Interpretation of the model coefficients – Company 1 .................... 11 Significance of coefficients Company 1 ................................................. 11 Interpretation of Model for sector [Company 2] ..................................... 13 Regression Analysis Model Company 2: ............................................... 13 Goodness-of-fit: Company 2 ....................................................................... 13 Interpretation of the model coefficients Company 2 ........................ 13 Significance of coefficients Company 2 ................................................. 13 3.1.0 3.1.1 3.1.2 3.1.3 3.1.4 3.2.0 3.2.1. 3.2.2 3.2.3 3.2.4 3.3 3.3.0 3.3.1. 3.3.2 3.3.3 3.3.4 4.0 5.0 6.0

Regression Model for Company 2: .................................................................... 12

Conclusion and Recommendation ......................................................................... 14 References .......................................................................................................................... 14 Appendix ........................................................................................................................... 15

Page 3 of 15

1.0

Introduction

The purpose of this assignment is to conduct a critical examination into the major factors that impact on the performance or profitability of Company 1 and Company 2 which belongs to the hotel industry. The major statistical tools that are employed in this report include regression analysis (for the linear additive model) and the t-test for the comparison of the two companies. A questionnaire will also be used to collect data.

1.1

Company 1

Company 1 is a brand name in the hotel industry. It has been in existence since 1952. It started as a bed and breakfast
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