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Appraise the following regression equation based on (1)the Y-intercept and regression coefficients, (2)t-statistic and standard error, 3) sample size, 4)R-squared and Significance F, 5) model-fit
Appraise the following regression equation based on (1)the Y-intercept and regression coefficients, (2)t-statistic and standard error, 3) sample size, 4)R-squared and Significance F, 5) model-fit from a statistical perspective. ( a 20 marks question)
=12 - 2.5 X1+ 0.4 X1+ 81 X1 R-squared = 0.35(Significance F = .037)
(5.0)(0.016)(100)n = 25
t = -0.52.50.8
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