Preparing Data And Linear Model…
## Backward Elimination Method
## ---------------------------
##
## Candidate Terms:
##
## 1. Store
## 2. Holiday_Flag
## 3. Temperature
## 4. Fuel_Price
## 5. CPI
## 6. Unemployment
##
##
## Step => 0
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Unemployment
## R2 => 0.919
##
## Initiating stepwise selection...
##
##
## No more variables to be removed.
## Backward Elimination Method
## ---------------------------
##
## Candidate Terms:
##
## 1. Store
## 2. Holiday_Flag
## 3. Temperature
## 4. Fuel_Price
## 5. CPI
## 6. Unemployment
## 7. Store:Holiday_Flag
## 8. Store:Temperature
## 9. Store:Fuel_Price
## 10. Store:CPI
## 11. Store:Unemployment
## 12. Holiday_Flag:Temperature
## 13. Holiday_Flag:Fuel_Price
## 14. Holiday_Flag:CPI
## 15. Holiday_Flag:Unemployment
## 16. Temperature:Fuel_Price
## 17. Temperature:CPI
## 18. Temperature:Unemployment
## 19. Fuel_Price:CPI
## 20. Fuel_Price:Unemployment
## 21. CPI:Unemployment
##
##
## Step => 0
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Unemployment + Store:Holiday_Flag + Store:Temperature + Store:Fuel_Price + Store:CPI + Store:Unemployment + Holiday_Flag:Temperature + Holiday_Flag:Fuel_Price + Holiday_Flag:CPI + Holiday_Flag:Unemployment + Temperature:Fuel_Price + Temperature:CPI + Temperature:Unemployment + Fuel_Price:CPI + Fuel_Price:Unemployment + CPI:Unemployment
## R2 => 0.931
##
## Initiating stepwise selection...
##
## Step => 1
## Removed => Fuel_Price:Unemployment
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Unemployment + Store:Holiday_Flag + Store:Temperature + Store:Fuel_Price + Store:CPI + Store:Unemployment + Holiday_Flag:Temperature + Holiday_Flag:Fuel_Price + Holiday_Flag:CPI + Holiday_Flag:Unemployment + Temperature:Fuel_Price + Temperature:CPI + Temperature:Unemployment + Fuel_Price:CPI + CPI:Unemployment
## R2 => 0.93113
##
## Step => 2
## Removed => Unemployment
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Store:Holiday_Flag + Store:Temperature + Store:Fuel_Price + Store:CPI + Store:Unemployment + Holiday_Flag:Temperature + Holiday_Flag:Fuel_Price + Holiday_Flag:CPI + Holiday_Flag:Unemployment + Temperature:Fuel_Price + Temperature:CPI + Temperature:Unemployment + Fuel_Price:CPI + CPI:Unemployment
## R2 => 0.93113
##
## Step => 3
## Removed => Holiday_Flag:Unemployment
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Store:Holiday_Flag + Store:Temperature + Store:Fuel_Price + Store:CPI + Store:Unemployment + Holiday_Flag:Temperature + Holiday_Flag:Fuel_Price + Holiday_Flag:CPI + Temperature:Fuel_Price + Temperature:CPI + Temperature:Unemployment + Fuel_Price:CPI + CPI:Unemployment
## R2 => 0.93112
##
## Step => 4
## Removed => CPI:Unemployment
## Model => Weekly_Sales ~ Store + Holiday_Flag + Temperature + Fuel_Price + CPI + Store:Holiday_Flag + Store:Temperature + Store:Fuel_Price + Store:CPI + Store:Unemployment + Holiday_Flag:Temperature + Holiday_Flag:Fuel_Price + Holiday_Flag:CPI + Temperature:Fuel_Price + Temperature:CPI + Temperature:Unemployment + Fuel_Price:CPI
## R2 => 0.93111
##
##
## No more variables to be removed.
##
## Variables Removed:
##
## => Fuel_Price:Unemployment
## => Unemployment
## => Holiday_Flag:Unemployment
## => CPI:Unemployment
Interpret three predictors…
Holiday Flag: When a given day is a Holiday weekly sales go up by $63,824.8
Temperature: When the Temperature goes up Weekly sales go down by $887.8 for every 1 unit increase in Temperature
Fuel Price: When Fuel Prices goes up Weekly sales go down by $40,598.5 for every 1 unit increase in Fuel Prices
Unemployment: When unemployment increases, Weekly sales go down by $22,245.7 for every 1 unit increase in unemployment.
The R squared is…
## [1] 0.9220341