Use the multiple linear regression model output below to answer the following questions (note “_cons” refers to the intercept term in the model): Calculate the coefficient of determination, R 2 ....

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Answered Same DayDec 27, 2021

Answer To: Use the multiple linear regression model output below to answer the following questions (note...

Robert answered on Dec 27 2021
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1. Use the multiple linear regression model output below to answer the following
questions (note “
_cons” refers to the intercept term in the model):


(a) Calculate the coefficient of determination, R2.
R2 = SS(Model) / SS(Total) = 348708940/635065396 = 0.5491
(b) Calculate the df for Residual.
df(residual ) = df(total) - df (Model) = 69
(c) Calculate the value of MS Residual (mean squared error).
MS(residual) = SS (residual) / df(residual) = 286356456/69 = 4150093.57
(d) Calculate the standard error for the regression error term, S.
S = sqrt(MS(residual)) = sqrt(4150093.57) = 2037.18
(e) Calculate the overall F-test statistic.
F = (SS(model)/df( model) ) / ( SS(residual) / df(residual) ) = (348708940/4)/(...
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