Writing a project of value relevance of earnings and book value for Pharmaceutical Industry. This project should be following Collins et. Al. (1997), use Ohlson (1995) model to examine and report on the value relevance of those two items (earnings and book values). Data will be provided below.

SUMMARY OUTPUT

Regression Statistics

Multiple R

0.807430661

R Square

0.651944272

Adjusted R Square

0.651674462

Incremental VR of BV

0.111974299

Standard Error

360.5790063

Observations

1292

ANOVA

df

SS

MS

F

Significance F

Regression

1

3.14E+08

314161003

2416.303037

6.3E-298

Residual

1290

1.68E+08

130017.2198

Total

1291

4.82E+08

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Lower 95.0%

Upper 95.0%

Intercept

101.8637393

10.22926

9.958078439

1.47902E-22

81.79594

121.9315

81.79594

121.9315

EPS

16.48931405

0.335449

49.15590541

6.3495E-298

15.83123

17.1474

15.83123

17.1474

SUMMARY OUTPUT

Regression Statistics

Multiple R

0.864477152

R Square

0.747320747

Adjusted R Square

0.747124872

Incremental VR of ES

0.016523889

Standard Error

307.2280308

Observations

1292

ANOVA

df

SS

MS

F

Significance F

Regression

1

3.6E+08

360121325.3

3815.286582

0

Residual

1290

1.22E+08

94389.06294

Total

1291

4.82E+08

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Lower 95.0%

Upper 95.0%

Intercept

51.91270823

8.878232

5.847189629

6.32726E-09

34.49535

69.33007

34.49535

69.33007

BV

1.587934616

0.025708

61.76800613

0

1.5375

1.638369

1.5375

1.638369

Project should have Title, an abstract, and the following sections: Introductions, literature, review (at least one page), sample description, methods, results, conclusions, and references.