The regression of Total Revenue on Total Expenses for the
The regression of Total Revenue on Total Expenses for the concerts of Exercise gives the following model:
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 α = 0.05.
b) What do you conclude from this test?
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