Study the Excel regression output that follows. How many predictors are there? What is the equation of
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Study the Excel regression output that follows. How many predictors are there? What is the equation of the regression model? Using the key statistics discussed in this chapter, discuss the strength of the model and itspredictors.
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SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.814 0.663 0.636 51.761 28 ANOVA df Regression Residual Total 131567.02 66979.65 198546.68 MS 65783.51 2679.19 Significance F 0.0000013 24.55 25 27 t Stat 3.01 2.11 3.90 P-value 0.0059 0.0448 0.0006 Coefficients Intercept 203.3937 1.1151 -2.2115 Standard Error 67.518 0.528 0.567
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There are two predictors in this model The equation of the regression model is 2033937 ...View the full answer
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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