Dividends per share (DPS), price per share (PPS), and retained earnings (RE) for the 30 Dow Jones
Question:
Dividends per share (DPS), price per share (PPS), and retained earnings (RE)
for the 30 Dow Jones industrials for 1984 give us the following multiple regression model:
(a) Interpret the multiple regression equation.
(b) Interpret the correlation matrix.
Transcribed Image Text:
PPS; 11.336 + 12.434DPS; + 3.0875RE, (2.33) (4.41) (2.39) R.70 F 31.44 = Correlation matrix Variables PPS, Y DPS, X REi, X = PPS, Y 1 DPS, X .79761 1 RE, X .69761 .62539 1
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Interpretation of the multiple regression equation The provided equation is PPS 11336 12434 DPS 30875 RE Where PPS is the price per share DPS is the d...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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