Question: Carefully analyze for yourself the picture below ( it is regression output from STATA file ) . Provide detailed response and calculations for the following

Carefully analyze for yourself the picture below(it is regression output from STATA file). Provide detailed response and calculations for the following task:
Consider an equation to explain (log) salaries of CEOs (lsalary) in terms of annual firms sales in logs (lsales), log of market value of the firm (lmktval ), profits of the firm as a percentage of sales (profmarg), number of years as a CEO (ceoten), number of years in the company (comten) such that:
lsalary =\alpha +\beta 1lsales +\beta 2lmktval +\beta 3prof marg +\beta 4ceoten +\beta 5comten + u
i) Are the variables included in Model A intuitive (as expected) in terms of their signs? Explain why or why not? What do you make of the fact that longer tenure with the company, holding the other factors fixed, is associated with a lower salary?
. regress lsalary lsales lmktval profmarg ceotensq comtensq
Number of obs 177
F(5,171)=17.03
Prob >F=0.0000
R-squared =0.3324
Adj R-squared =0.3129
Root MSE =.50238
testparm lsales lmktval profmarg ceotensq comtensq
(1) isales =0
(2) lmktval =0
(3) profmarg =0
(4) ceotensq =0
(5) comtensq =0
F(5,171)=17.03
Prob >F=0.0000
 Carefully analyze for yourself the picture below(it is regression output from

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!