The regression of Total Revenue on Total Expenses for the concerts of Exercise gives the following model:

Question:

Dependent variable is: Total Revenue

R squared = 56.4% R squared (adjusted) = 55.0%

s = 24269 with 34 €“ 2 = 32 degrees of freedom

a) The Durbin- Watson statistic for this analysis is 0.73. Consult Table D in Appendix B and complete the test at Î± = 0.05.
b) What do you conclude from this test?

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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Question Posted: May 15, 2015 05:32 AM

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The regression of Total Revenue on Total Expenses for the concerts of Exercise gives the following model:

Question:

Varable Coefficent SE(Coeff) t-ratio P-value Intercept -368.54 Total 9453-0.390 0.6990 0,731250 0,1137 6.43 <0.0001 Expenses

Step by Step Answer:

a Consulting the standard DurbinWatson table with k 1 ...View the full answer

Business Statistics

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