SUMMARY OUTPUT Regression Statistics Multiple R 0.9761368 R Square 0.9528431 Adjusted R Sc 0.9486514 Standard Erro 84.864073 Observations 50 ANOVA df SS MS Significance F Regression 4 6548422...



  1. Predictors with α = 0.05


Which predictors do you consider significant?


Which predictors would you be comfortable eliminating?


SUMMARY OUTPUT<br>Regression Statistics<br>Multiple R<br>0.9761368<br>R Square<br>0.9528431<br>Adjusted R Sc 0.9486514<br>Standard Erro 84.864073<br>Observations<br>50<br>ANOVA<br>df<br>SS<br>MS<br>Significance F<br>Regression<br>4<br>6548422<br>1637105.5<br>227.31543<br>3.205E-29<br>Residual<br>45<br>324085.99<br>7201.9109<br>Total<br>49<br>6872508<br>Coefficients tandard Erroi<br>t Stat<br>P-value<br>Lower 95%<br>Upper 95% Lower 95.0% Upper 95.0%<br>Intercept<br>19.520368<br>56.459619<br>0.3457403<br>0.731149 -94.195142<br>133.23588 -94.195142<br>133.23588<br>Floor Area (Se<br>0.259969<br>0.0182476 14.246738<br>2.74E-18<br>0.2232164<br>0.2967216 0.2232164 0.2967216<br>Offices<br>74.272247<br>26.009425<br>2.8555897<br>0.006477<br>21.886575<br>126.65792<br>21.886575<br>126.65792<br>Entrances<br>49.31807<br>29.007488<br>1.7001841<br>0.095999 -9.1060107<br>107.74215 -9.1060107<br>107.74215<br>Age<br>0.9423287<br>0.9766529<br>0.9648553<br>0.3397741 -1.0247512<br>2.9094087 -1.0247512<br>2.9094087<br>Е.<br>What is the R2?<br>What is the adjusted R2?<br>Explain the purpose of having an adjusted R2?<br>

Extracted text: SUMMARY OUTPUT Regression Statistics Multiple R 0.9761368 R Square 0.9528431 Adjusted R Sc 0.9486514 Standard Erro 84.864073 Observations 50 ANOVA df SS MS Significance F Regression 4 6548422 1637105.5 227.31543 3.205E-29 Residual 45 324085.99 7201.9109 Total 49 6872508 Coefficients tandard Erroi t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 19.520368 56.459619 0.3457403 0.731149 -94.195142 133.23588 -94.195142 133.23588 Floor Area (Se 0.259969 0.0182476 14.246738 2.74E-18 0.2232164 0.2967216 0.2232164 0.2967216 Offices 74.272247 26.009425 2.8555897 0.006477 21.886575 126.65792 21.886575 126.65792 Entrances 49.31807 29.007488 1.7001841 0.095999 -9.1060107 107.74215 -9.1060107 107.74215 Age 0.9423287 0.9766529 0.9648553 0.3397741 -1.0247512 2.9094087 -1.0247512 2.9094087 Е. What is the R2? What is the adjusted R2? Explain the purpose of having an adjusted R2?

Jun 07, 2022
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