Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Solve clearly (e) Next, we would like to see how our results might change if we use multiple regression model. Estimate C (CEO compensation) as
Solve clearly
(e) Next, we would like to see how our results might change if we use multiple regression model. Estimate C (CEO compensation) as function of all independent variables and summarize the results both from the simple regression that you estimated in (d) and multiple regression models in the table below. Include the p-valve underneath each coefficient. (4 marks) Estimated Model (1) Model (2) Coefficients Simple Multiple (p-value Regression Regression Intercept Revenue # of Employees Capital Inv Sample Size R-Square Adj R-Square Significance-FCompensation Sales Revenue Number of Employees Capital Investment C (in $ooo) R (in $m) E (# FTE) KI (in $m) 397.5 87.5 1162.5 18.90 442.5 68.0 731.3 6.84 444.4 123.8 1631.3 26.82 448.1 85.0 918.8 9.00 453.8 132.0 1739.1 28.62 459.4 94.0 1012.5 10.26 474.4 151.8 1992.2 32.94 491.3 123.0 1335.9 14.40 508.1 187.8 1637.5 40.68 534.4 172.5 1253.1 22.14 616.9 343.0 2959.4 74.52 637.5 350.3 2578.1 54.54 661.9 407.3 3003.1 66.06 720.0 554.3 4740.6 120.78 759.4 654.0 5575.0 142.56 770.6 750.3 5587.5 143.64 855.0 1138.8 8540.6 244.26 896.3 1094.0 9240.6 238.86 984.4 2005.3 13660.3 501.12 1057.5 1828.8 13770.0 399.96 254.4 56.0 502.2 13.23 283.2 43.5 315.9 4.79 284.4 79.2 704.7 18.77 286.8 54.4 396.9 6.30 290.4 84.5 751.3 20.03 294.0 60.2 437.4 7.18 303.6 97.1 860.6 23.06 314.4 78.7 577.1 10.08 325.2 120.2 1061.1 28.48 342.0 110.4 812.0 15.50Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started