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How do you figure out what is significant? Report the estimated coefficients for the intercept and slope parameters, and indicate which of them are statistically
How do you figure out what is significant? Report the estimated coefficients for the intercept and slope parameters, and indicate which of them are statistically significant.
41 42 43 SUMMARY OUTPUT 44 45 Regression Statistics 46 Multiple R 0.7213029 47 R Square 0.5202779 48 Adjusted R Square 0.503145 49 Standard Error 18601.134 50 Observations 30 51 52 ANOVA 53 df SS MS F Significance F 54 Regression 1 10507092058 10507092058 30.367126 6.88203E-06 55 Residual 28 9688061135 346002183.4 56 Total 29 20195153193 57 58 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%Upper 95.0% 59 Intercept 169640.87 8856.424026 19.15455617 1.255E-17 151499.3092 187782.43 151499.31 187782.43 60 gas price 23637.21 4289.37839 5.510637573 6.882E-06 14850.81639 32423.603 14850.816 32423.603 61 62 63 64 Intercept 169640.871 65 slope parameters 23637 66 statistically significant 67 R-squared value 0.5203 68Step by Step Solution
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