AO

2009
2010
2011
2012
2013
2014

VENTAS

2,183,233
2,502,675
4,241,266
5,231,885
5,967,316
7,008,680

INVERSIN EN INNOVACIN TECNOLGICA

(miles de S/.)
INVERSIN EN CAPACITACIN (miles de S/.)
TASA DE CRECIMIENTO DE PBI SECTOR CONSTRUCCION (%)
TASA DE CREDITOS CORPORATIVOS (%)
Resumen
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
INVERSIN EN INNOVACIN TECNOLGICA
(miles de S/.)
INVERSIN EN CAPACITACIN (miles de S/.)
TASA DE CRECIMIENTO DE PBI SECTOR CONSTRUCCION
TASA DE CREDITOS CORPORATIVOS

INVERSIN EN INNOVACIN TECNOLGICA

(miles de S/.)
INVERSIN EN CAPACITACIN (miles de S/.)

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
INVERSIN EN INNOVACIN TECNOLGICA
(miles de S/.)
INVERSIN EN CAPACITACIN (miles de S/.)

INVERSIN EN INNOVACIN
TECNOLGICA
(miles de S/.)

INVERSIN EN CAPACITACIN (miles

de S/.)

2,093
2,354
4,211
4,876
5,243
7,122

7,532
8,659
14,717
18,207
20,886
24,207

INVERSIN EN INNOVACIN
TECNOLGICA
(miles de S/.)

INVERSIN EN CAPACITACIN (miles de S/.)

1
0.9856546289
-0.3653330185
-0.1572710359

1
-0.3619486899
-0.1834258689

s
0.9999996883
0.9999993767
0.9999968834
3386.8525758884
6

df

SS
4
1
5

18402755563876.5
11470770.3708015
18402767034646.8

Coefficients
-206040.974548356

Standard Error
53768.7032633702

79.8390606677
266.8110877276
519270.625944229
4634253.25873771

4.9664327616
1.5727154538
134290.387740717
1100535.16252065

INVERSIN EN INNOVACIN
TECNOLGICA
(miles de S/.)

INVERSIN EN CAPACITACIN (miles de S/.)

1
0.9856546289

s
0.9999940906
0.9999881812
0.999980302
8514.6675361815
6

df

SS
2
3
5

18402549535957.1
217498689.75511
18402767034646.8

Coefficients
15929.5974571449

Standard Error
9637.8215724491

85.9727030828
263.3828810926

11.9414180294
3.3798926353

TASA DE CRECIMIENTO DE PBI

SECTOR CONSTRUCCION
(%)

TASA DE CREDITOS
CORPORATIVOS
(%)

6.10%
17.40%
11.30%
10.60%
8.50%
7.60%

3.90%
2.60%
2.73%
2.87%
3.01%
3.20%

TASA DE CRECIMIENTO DE PBI SECTOR

CONSTRUCCION
(%)

TASA DE CREDITOS
CORPORATIVOS
(%)

1
-0.8037183194

MS
4600688890969.12
11470770.3708015

t Stat

F
401079.329656884

-3.831987049

P-value
0.1625087832

16.0757357445
169.6499434015
3.8667743439
4.2109088529

0.0395503225
0.0037525058
0.1611086667
0.1484338695

MS
9201274767978.54
72499563.2517033

t Stat

F
126914.899280616

1.6528213702

P-value
0.1969373049

7.1995388547
77.9264046257

0.005523151
4.657570353553E-006

14.63%
69.47%
23.36%
14.06%
17.45%
3.21

0.278

Significance F
0.001184257

Lower 95%
Upper 95%
Lower 95.0%
-889237.126494 477155 -889237.1
16.7345492017 142.9436 16.734549
246.827843183 286.7943 246.82784
-1187050.5345 2225592 -1187051
-9349371.8332 2E+007 -9349372

Upper 95.0%
477155.177397021
142.9435721337
286.7943322722
2225591.78638427
18617878.3506767

Significance F
4.0631259E-008

Lower 95%
Upper 95%
Lower 95.0%
-14742.2521933 46601.45 -14742.25
47.9697814 123.9756 47.969781
252.6265542644 274.1392 252.62655

Upper 95.0%
46601.4471075445
123.9756247656
274.1392079208

VENTAS
(miles de S/.)

INVERSIN EN
INNOVACIN
TECNOLGICA
(miles de S/.)

INVERSIN EN
CAPACITACIN
(miles de S/.)

4522509.16666667
783214.892492195
4736575.5
Err:512
1918476.84555466
3680553406929.37

4316.5
771.3356705525
4543.5
Err:512
1889.3788132611
3569752.3

15701.3940283333
2725.1876544125
16462.07641
Err:512
6675.3192066427
44559886.510573

Kurtosis

-1.6297463418

-0.6436343441

-1.6986583321

Skewness
Range
Minimum
Maximum
Sum
Count

-0.0987197429
4825447
2183233
7008680
27135055
6

0.2001433837
5029
2093
7122
25899
6

-0.1259976282
16675.04215
7532.15385
24207.196
94208.36417
6

Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance

Ventas Graa y M
2009-2
8,000,000
7,000,000
6,000,000
5,000,000

Ventas 4,000,000
en miles de S/.
3,000,000
2,183,233
2,000,000
1,000,000
0
2009

2010

2011

TASA DE CRECIMIENTO DE
PBI SECTOR CONSTRUCCION
(%)

TASA DE CREDITOS
CORPORATIVOS
(%)

0.1025
0.0162946822
0.0955
Err:512
0.0399136568
0.0015931

0.0305105417
0.001901911
0.029381625
Err:512
0.0046587114
2.17035922604167E-005

1.9417302571

2.266477296

1.2799142627
0.113
0.061
0.174
0.615
6

1.4358452441
0.013
0.026
0.039
0.18306325
6

tas Graa y Montero S.A.A.

2009-2014
7,008,680

VENTAS
Linear (VENTAS
)

2011

2012

2013

2014

VENTAS

AO
2,009

2,183,233

2,010

2,292,395

2,011
2,012
2,013
2,014

2,407,014
2,527,365
2,653,733
2,786,420

Crecimiento de PBI Contruccin

PPTO en Capacitacin (S/. en miles)
Tasa creditos
Resumen
Estadsticas de la regresin
Coeficiente de correlacin mltiple
Coeficiente de determinacin R^2
R^2 ajustado
Error tpico
Observaciones
ANLISIS DE VARIANZA
Regresin
Residuos
Total

Intercepcin
Crecimiento de PBI Contruccin
PPTO en Capacitacin (S/. en miles)
Tasa creditos

AO
2,009
2,010

2,011
2,012
2,013
2,014

Resumen
Estadsticas de la regresin
Coeficiente de correlacin mltiple
Coeficiente de determinacin R^2
R^2 ajustado
Error tpico
Observaciones
ANLISIS DE VARIANZA
Regresin
Residuos
Total

Intercepcin
PPTO en Capacitacin (S/. en miles)
Tasa creditos

AO
2,009
2,010
2,011
2,012
2,013
2,014

Crecimiento de PBI Contruccin

PPTO en Capacitacin (S/. en miles)

6.10%

710

17.40%
11.30%
10.60%
8.50%
7.60%

718
733
760
792
836

Crecimiento de PBI Contruccin

PPTO en Capacitacin (S/. en miles)

1
-0.3959736394
-0.8037183194

1
-0.0380939156

sticas de la regresin
0.9988087065
0.9976188321
0.9940470804
17416.0551225465
6

Grados de libertad
3
2
5

Suma de cuadrados
254158246431.366
606637952.063154
254764884383.429

Coeficientes
206015.970117339
-1530939.95939031
3984.4184926646
-19485585.9739908

Error tpico
306113.93497873
470804.404108495
231.406062975
3706620.47855634

VENTAS
2,183,233
2,292,395

PPTO en Capacitacin (S/. en miles)

710
718

2,407,014
2,527,365
2,653,733
2,786,420

733
760
792
836
PPTO en Capacitacin (S/. en miles)

PPTO en Capacitacin (S/. en miles)

Tasa creditos

1
-0.0380939156

sticas de la regresin
0.9924866318
0.9850297143
0.9750495239
35655.3086376645
6

Grados de libertad
2
3
5

Suma de cuadrados
250950981281.288
3813903102.14135
254764884383.429

Coeficientes
-688317.8760182
4524.2951747235
-8730256.66256296

VENTAS
2,183,233
2,292,395
2,407,014
2,527,365
2,653,733
2,786,420

Error tpico
275154.1511223
330.0104207815
3425222.02769647
Ventas en

PPTO en Capacitacin (S/. en miles)

710
718
733
760
792
836

Resumen
Estadsticas de la regresin

miles

Coeficiente de correlacin mltiple

Coeficiente de determinacin R^2
R^2 ajustado
Error tpico
Observaciones

0.9760183274
0.9526117753
0.9407647192
54938.2734995444
6

ANLISIS DE VARIANZA
Grados de libertad
Regresin
Residuos
Total

Intercepcin
PPTO en Capacitacin (S/. en miles)

1
4
5
Coeficientes
-978972.760347604
4556.3373175829

Tasa creditos

Precio HH Sup

Precio HH OS

3.90%

255.00

130.00

2.60%
2.73%
2.87%
3.01%
3.20%

262.65
270.53
278.65
287.00
295.61

133.90
137.92
142.05
146.32
150.71

Tasa creditos

Promedio de los cuadrados

84719415477.1221
303318976.031577

F
279.3079964384

Valor crtico de F
0.0035696247

Estadstico t
0.6730042202
-3.2517536923
17.2182977466
-5.256968197

Probabilidad
0.5702906576
0.0829719814
0.0033560545
0.034332428

Inferior 95%
-1111085.98783324
-3556647.8139058
2988.7585641247
-35433886.6941965

Tasa creditos
3.90%
2.60%

Ventas en

2.73%
2.87%
3.01%
3.20%
Tasa creditos
1

Promedio de
los cuadrados
3,000,000
125475490640.644
1271301034.04712

F
98.6984886193

Valor crtico de F
0.0018316611

Estadstico
2,000,000t
-2.5015718397
13.709552456
1,500,000
-2.548814819
miles

Probabilidad
0.0875852109
0.0008397393
0.0840297865

Inferior 95%
-1563981.18764084
3474.0547304023
-19630841.849382

2,010

2,011

2,500,000

1,000,000
500,000
0
2,009

Aos
AO

VENTAS

2,012

Suma de cuadrados
Promedio de los cuadrados
242692028802.986
242692028802.986
12072855580.443
3018213895.11074
254764884383.429
Error tpico
385837.565415084
508.1162912818

Estadstico t
-2.5372665808
8.9671151974

F
80.4091549628

Probabilidad
0.0641669805
0.0008557848

Ventas (S/. En
Miles)
Media
Error tpico
Mediana
Moda
Desviacin estndar
Varianza de la muest
Curtosis
Coeficiente de asime
Rango
Mnimo
Mximo
Suma
Cuenta
Coef variabilidad

Superior 95%
Inferior 95.0%
1523117.92806792 -1111085.9878333
494767.895125173 -3556647.8139058
4980.0784212046 2988.7585641247
-3537285.2537851 -35433886.694197

2475026.75256214
92152.9316559217
2467189.7420625
225727.660858579
50952976876.6859
-1.177525466
0.1250568562
603187.024541563
2183233
2786420.02454156
14850160.5153728
6
9.12%

Superior 95.0%
1523117.92806792
494767.895125173
4980.0784212046
-3537285.25378513

Crecimiento de PBI
Contruccin
0.1025
0.0162946822
0.0955
0.0399136568
0.0015931
1.9417302571
1.2799142627
0.113
0.061
0.174
0.615
6
38.94%

Superior 95%
Inferior 95.0%
187345.435604439 -1563981.1876408
5574.5356190447 3474.0547304023
2170328.52425604 -19630841.849382

2,012

2,013

2,014

Superior 95.0%
187345.435604439
5574.5356190447
2170328.52425604

Valor crtico de F
0.0008557848

Inferior 95%
Superior 95%
-2050229.5802458 92284.0595505396
3145.5803277822 5967.0943073835

Inferior 95.0%
-2050229.58024575
3145.5803277822

PPTO en Capacitacin
(S/. en Miles)

Tasa creditos

758.0649263128
0.0305105417
19.7401868971
0.001901911
746.3255482992
0.029381625
48.3533853251
0.0046587114
2338.049872394 2.17035923E-005
-0.4141385836
2.266477296
0.8355668699
1.4358452441
125.0808440675
0.013
710.4621559325
0.026
835.543
0.039
4548.3895578768
0.18306325
6
6
6.38%
15.27%

-3.2517536923
17.2182977466
-5.256968197

Inversin en Innovacin
Tecnolgica
28074.95727855
2037.2396075222
27737.975265
Err:512
4990.1975222172
24902071.3107428
-1.1147862001
0.2436141207
13328.8557883
21832.33
35161.1857883
168449.7436713
6
17.77%

Ao
2009
2010
2011
2012
2013
2014

Ventas
2,183,233
2,292,395
2,407,014
2,527,365
2,653,733
2,786,420

Inversin en Crecimiento
Innovacin
de PBI
Tecnolgica Contruccin
21,832
24,016
26,417
29,059
31,965
35,161

6.10%
17.40%
11.30%
10.60%
8.50%
7.60%

Tasa
Crditos

Precio HH
Sup

3.90%
2.60%
2.73%
2.87%
3.01%
3.20%

255.00
262.65
270.53
278.65
287.00
295.61

Inversin en Innovacin
Crecimiento
Tecnolgica
de PBI Contruccin
Tasa Crditos
Inversin en I
1
Crecimiento de-0.302240877
1
Tasa Crditos -0.191232423 -0.803718319
1
Resumen
Estadsticas de la regresin
Coeficiente de 0.999937407
Coeficiente de 0.999874819
R^2 ajustado 0.999687047
Error tpico
3993.232423
Observaciones
6
ANLISIS DE VARIANZA
Grados de libertad
Suma de cuadrados
Promedio de los cuadrados F
Regresin
3 2.5473E+011 84910997524 5324.940576
Residuos
2 31891810.36 15945905.18
Total
5 2.5476E+011
Coeficientes
Intercepcin
1371857.798
Inversin en I 43.95171547
Crecimiento de-270379.3612
Tasa Crditos -3377838.916

Error tpico Estadstico t

55957.46598 24.51608153
0.583414148 75.33536107
120325.8812 -2.247059058
1001159.017 -3.373928475

Probabilidad
0.001659647
0.000176152
0.153665045
0.077741322

Precio HH
OS
130.00
133.90
137.92
142.05
146.32
150.71

Valor crtico de F
0.000187766

Inferior 95%
1131092.254
41.441487
-788099.8423
-7685478.495

Superior 95% Inferior 95.0%Superior 95.0%

1612623.342 1131092.254 1612623.342
46.46194395
41.441487 46.46194395
247341.1199 -788099.8423 247341.1199
929800.6619 -7685478.495 929800.6619

AO
2,009
2,010
2,011
2,012
2,013
2,014

VENTAS

PPTO en
Capacitaci
n (S/. en
miles)

Tasa
creditos

2,183,233
2,292,395
2,407,014
2,527,365
2,653,733
2,786,420

710
718
733
760
792
836

3.90%
2.60%
2.73%
2.87%
3.01%
3.20%

PPTO en Capacitacin (S/.Tasa

en miles)
creditos
PPTO en Capaci
1
Tasa creditos -0.038093916
1
Resumen
Estadsticas de la regresin
Coeficiente de 0.992486632
Coeficiente de 0.985029714
R^2 ajustado 0.975049524
Error tpico
35655.30864
Observaciones
6
ANLISIS DE VARIANZA
Grados de libertad
Suma de cuadrados
Promedio de los cuadrados F
Regresin
2 2.5095E+011 1.2548E+011 98.69848862
Residuos
3 3813903102 1271301034
Total
5 2.5476E+011
Coeficientes
Intercepcin
-688317.876
PPTO en Capaci4524.295175
Tasa creditos -8730256.663

Error tpico Estadstico t

275154.1511 -2.50157184
330.0104208 13.70955246
3425222.028 -2.548814819

Probabilidad
0.087585211
0.000839739
0.084029787

Valor crtico de F
0.001831661

Inferior 95%
-1563981.188
3474.05473
-19630841.85

Superior 95% Inferior 95.0%Superior 95.0%

187345.4356 -1563981.188 187345.4356
5574.535619 3474.05473 5574.535619
2170328.524 -19630841.85 2170328.524

AO
2,009
2,010
2,011
2,012
2,013
2,014

VENTAS

PPTO en
Capacitaci
n (S/. en
miles)

2,183,233
2,292,395
2,407,014
2,527,365
2,653,733
2,786,420

710
718
733
760
792
836

Resumen
Estadsticas de la regresin
Coeficiente de 0.976018327
Coeficiente de 0.952611775
R^2 ajustado 0.940764719
Error tpico
54938.2735
Observaciones
6
ANLISIS DE VARIANZA
Grados de libertad
Suma de cuadrados
Promedio de los cuadrados F
Regresin
1 2.4269E+011 2.4269E+011 80.40915496
Residuos
4 12072855580 3018213895
Total
5 2.5476E+011
Coeficientes Error tpico Estadstico t Probabilidad
Intercepcin -978972.7603 385837.5654 -2.537266581 0.064166981
PPTO en Capaci4556.337318 508.1162913 8.967115197 0.000855785

Valor crtico de F
0.000855785

Inferior 95% Superior 95% Inferior 95.0%Superior 95.0%

-2050229.58 92284.05955 -2050229.58 92284.05955
3145.580328 5967.094307 3145.580328 5967.094307