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Assets, sales, and profit were obtained from the Dow Jones 30 industrials. A multiple regression analysis was done to predict profit from assets and sales.

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Assets, sales, and profit were obtained from the Dow Jones 30 industrials. A multiple regression analysis was done to predict profit from assets and sales. Excel output was shown below. Use the output to answer questions 8 through 10. Regression Statistics Multiple R 0.628 R Square 0.394 Adjusted R Square 0.349 Standard Error 2.450 Observations 30 ANOVA SS MS F Signif F Regression 2 105.402 52.701 8.783 0.001 Residual 27 162.012 6.000 Total 29 267.414 Coeff Stand error t Stat Pvalue Lower 95% Upper 95% Intercept 2.340 0.682 3.431 0.002 0.941 3.740 Assets 0.007 0.003 2.156 0.040 0.000 0.014 Sales 0.026 0.012 2.220 0.035 0.002 0.050

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