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Write down a brief report of the results from this regression analysis explaining: (1) what is...

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Basic Math

Write down a brief report of the results from this regressionanalysis explaining: (1) what is the impact of each variable overthe demand? (2) How strong are the results from this analysis tosupport a forecast? (3) What are the limitations you foresee byusing this analysis to forecast production for the following fiveyears?

SUMMARY OUTPUT
Regression Statistics
Multiple R0.72916937
RSquare0.53168797
Adjusted R Square0.51496254
Standard Error72.98925047
Observations30
ANOVA
dfSSMSFSignificance F
Regression1169354.741169354.74131.78919654.866E-06
Residual28149168.0595327.43068
Total29318522.8
CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%
Intercept1963.58187120.94900716.23479118.8864E-161715.829062211.334681715.829062211.33468
Price per Case, P-5.3368651190.9465563-5.63819094.866E-06-7.2757978-3.3979324-7.2757978-3.3979324
Q=1963.58-5.34*P
ep=-0.527356143

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