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My exam is tomorrow! Please help me get from the question to the answer. I am so lost. Please explain and show step by step
My exam is tomorrow! Please help me get from the question to the answer. I am so lost. Please explain and show step by step answers as well. I have included question! Please avoid just telling me what formula to use and not showing work and steps.
- What is the model? - Explain the model - Calculate R-square - Calculate Standard Error - Determine whether Rm_1 Coefficient is significant ( t stat for X) - Find the 95% confidence interval for Disposable Income coefficient \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Regression Statistics } & & & & & \\ \hline Multiple R & 0.792354648 & & & & & \\ \hline R Square & 0.627825888 & & & & & \\ \hline Adjusted R Square & 0.599630879 & & & & & \\ \hline Standard Error & 10.81714544 & & & & & \\ \hline Observations & 72 & & & & & \\ \hline \multicolumn{7}{|l|}{ ANOVA } \\ \hline & df & SS & MS & F & Significance F & \\ \hline Regression & 5 & 13027.5375 & 2605.508 & 22.26727 & 5.26E13 & \\ \hline Residual & 66 & 7722.70194 & 117.0106 & & & \\ \hline \multirow[t]{2}{*}{ Total } & 71 & 20750.23944 & & & & \\ \hline & Coefficients & Standard Error & t Stat & P-value & Lower 95\% & Upper 95\% \\ \hline Intercept & 193.5600926 & 85.82619439 & 2.255257 & 0.027439 & 22.20257 & 364.9176 \\ \hline RM & 31.04648891 & 44.79849807 & 0.693025 & 0.490725 & -58.3966 & 120.4896 \\ \hline Rm_1 & -83.16017096 & 46.55270168 & -1.78637 & 0.078633 & -176.106 & 9.785297 \\ \hline Disposable Income per Capita & -0.005452781 & 0.00165581 & -3.29312 & 0.001595 & -0.00876 & -0.00215 \\ \hline Gold Price & 0.026047357 & 0.018136219 & 1.436207 & 0.155667 & -0.01016 & 0.062257 \\ \hline 3-Mo CD rate & 5.002957224 & 5.86610693 & 0.852858 & 0.396822 & -6.7091 & 16.71502 \\ \hline \end{tabular}Step by Step Solution
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