Departmental Processing

Turnaround Estimation Project

 

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Problem definition
Data collected
Regression model
Analysis
Stepwise
Final model
Forecast Model for Duration

Recommendation

Load Chart

Stepwise Regression:

Alpha-to-Enter: 0.05 Alpha-to-Remove: 0.05

Response is yDuration on 7 predictors, with N = 997

Step
1
2
3
4
Constant
13.433
12.461
13.693
14.799
x1 (#FORMS)
-0.122
T-Value
-0.028
P-Value
0.777
x2 (#ENG)
-2.623
-2.312
-2.556
-2.753
T-Value
-1.602
-1.901
-2.533
-2.836
P-Value
0.109
0.058
0.011
0.005
x3 (#DES)
0.552
0.418
T-Value
0.439
0.359
P-Value
0.661
0.720
x4 (ERFORM)
0.932
0.900
0.919
T-Value
0.720
0.699
0.714
P-Value
0.471
0.485
0.476
x5 (RFQFORM)
-2.587
-2.587
-2.591
-3.171
T-Value
-1.973
-1.974
-1.978
-3.089
P-Value
0.049
0.049
0.048
0.002
x6 (MODCAT)
19.803
19.795
19.824
19.846
T-Value
17.445
17.451
17.531
17.56
P-Value
0.000
0.000
0.000
0.000
x7 (CMPLXCAT)
32.643
32.633
32.690
32.737
T-Value
11.814
11.817
11.863
11.886
P-Value
0.000
0.000
0.000
0.000


Std Error
14.545
14.538
14.531
14.528
R-Squared
0.3067
0.3067
0.3064
0.3059
F-test
62.356
72.802
87.414
109.194
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