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Look at the outcomes of the two regressions for CAT in the tables above. Which one of the two models will you choose as your

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Look at the outcomes of the two regressions for CAT in the tables above. Which one of the two models will you choose as your final and why?

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None of the models above are acceptable because all Intercepts have non-significant P-values

Model based on S&P 500 coefficient only because P-value is not statistically significant compared to Crude Oil Prices

Model based on Crude Oil Prices only because P-value is significant and it has the higher R-Square

Regression Statistics Multiple R 0.30800 R Square 0.09486 Adjusted R Square 0.07104 Standard Error 0.05418 Observations 40 ANOVA df Regression Residual Total SS 0.01169 0.11154 0.12323 F 3.98259 1 38 39 MS 0.01169 0.00294 Intercept S&P 500 Coefficients Standard Error -0.01174 0.00950 0.82575 0.41378 t Stat -1.23606 1.99564 P-value 0.22402 0.05318 Regression Statistics Multiple R 0.57570 R Square 0.33143 Adjusted R Square 0.31383 Standard Error 0.04656 Observations 40 ANOVA df F 18.83752 Regression Residual Total 1 38 39 SS 0.04084 0.08239 0.12323 MS 0.04084 0.00217 Intercept Crude Oil Prices Coefficients Standard Error 0.00383 0.00756 0.40137 0.09248 t Stat 0.50667 4.34022 P-value 0.61531 0.00010

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