Question: OLS Regression Results ============================================================================== Dep. Variable: total_wins R-squared: 0.228 Model: OLS Adj. R-squared: 0.227 Method: Least Squares F-statistic: 182.1 Date: Fri, 21 Feb 2020 Prob
OLS Regression Results ============================================================================== Dep. Variable: total_wins R-squared: 0.228 Model: OLS Adj. R-squared: 0.227 Method: Least Squares F-statistic: 182.1 Date: Fri, 21 Feb 2020 Prob (F-statistic): 1.52e-36 Time: 17:59:30 Log-Likelihood: -2385.4 No. Observations: 618 AIC: 4775. Df Residuals: 616 BIC: 4784. Df Model: 1 Covariance Type: nonrobust ============================================================================== coef std err t P>|t| [0.025 0.975] ------------------------------------------------------------------------------ Intercept -85.5476 9.305 -9.194 0.000 -103.820 -67.275 avg_pts 1.2849 0.095 13.495 0.000 1.098 1.472 ============================================================================== Omnibus: 24.401 Durbin-Watson: 1.768 Prob(Omnibus): 0.000 Jarque-Bera (JB): 11.089 Skew: -0.033 Prob(JB): 0.00391 Kurtosis: 2.347 Cond. No. 1.97e+03 ==============================================================================
- What are the results of the overall F-test? Summarize all important steps of this hypothesis test. This includes:
- Null Hypothesis (statistical notation and its description in words)
- Alternative Hypothesis (statistical notation and its description in words)
- Level of Significance
- Report the test statistic and the P-value in a formatted table as shown below:
Table 1: Hypothesis Test for the Overall F-Test
Statistic
Value
Test Statistic
X.XX
*Round off to 2 decimal places.
P-value
X.XXXX
*Round off to 4 decimal places.
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