Question: Need complete answer i will rate it Q1. Following are the Correlation and Panel Regression results of Sunshine Company. Interpret/explain these results. (20) Correlation Matrix

Need complete answer i will rate it

Need complete answer i will rate it Q1. Following

Q1. Following are the Correlation and Panel Regression results of Sunshine Company. Interpret/explain these results. (20) Correlation Matrix ROE LIQ BS FS ROE 1.000000 LIQ 0.229910 1.000000 BS 0.136703 0.984365 1.000000 FS 0.151501 -0.621631 -0.650744 1.000000 Panel Regression Dependent Variable: Firm Performance Variable Coefficient Std. Error t-Statistic -0.533079 0.158183 -3.370007 LIQ 0.011283 0.003626 3.111972 BS 0.011520 0.006412 1.796695 FS 0.017238 0.004398 3.919655 R-squared 0.231712 F-statistic 6.635078 Durbin-Watson stat 0.716586 Prob(F-statistic) 0.000551

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