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Suppose that we performed an estimate of the determinants of players' salaries for the 2018 NHL season. Further suppose that the hypothesis was that
Suppose that we performed an estimate of the determinants of players' salaries for the 2018 NHL season. Further suppose that the hypothesis was that Salary = Po + BGoals + BAssists + 3Penalty Minutes + and the results of the multivariate linear regression model were Salary = 4,500,000+ 9,000 Goals + 5,000 Assists - 1,000 Penalty Minutes p-values: (0.91) (0.85) (0.79) (0.55) Suppose that the R2 = 0.98 for the regression. What can we interpret from this information?
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From the provided information we can interpret the following 1Regression Equation The estimated regression equation is given as textSalary 4500000 900 ...
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
