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Write down the estimated equation with estimated intercept and slope parameters for each independent variable. Write down the interpretation of each estimated coefficient in word?

  1. Write down the estimated equation with estimated intercept and slope parameters for each independent variable.
  2. Write down the interpretation of each estimated coefficient in word? What does it mean?
  3. Which estimated coefficients are statistically significant? Which one are not statistically significant?
  4. What is value of R2 for the estimated model?
  5. How do you interpret the value of R2 ?
  6. Write down the t-ratio for all estimated slope parameters. What does it mean when t-ratio has a small or big value?
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.925
R Square 0.855
Adjusted R Square 0.839
Standard Error 2374.842
Observations 52.000

ANOVA
df SS MS F Significance F
Regression 5.000 1526295573.004 305259114.601 54.125 0.000
Residual 46.000 259434284.765 5639875.756
Total 51.000 1785729857.769
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 11410.147 1081.052 10.555 0.000 9234.101 13586.192 9234.101 13586.192
sx 1241.792 885.560 1.402 0.168 -540.747 3024.332 -540.747 3024.332
rk 5586.181 663.967 8.413 0.000 4249.685 6922.678 4249.685 6922.678
yr 482.860 91.718 5.265 0.000 298.242 667.478 298.242 667.478
dg -1331.644 992.854 -1.341 0.186 -3330.156 666.868 -3330.156 666.868
yd -128.791 75.582 -1.704 0.095 -280.928 23.347 -280.928 23.347

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