Info
R-squared 0.995479
Adjusted R-squared 0.992465
S.E. of regression 304.8541
Sum squared resid 836424.1
Log likelihood -109.6174
Durbin-Watson stat 2.559488
Mean dependent var 65317.00
S.D. dependent var 3511.968
Akaike info criterion 14.57718
Schwarz criterion 14.91519
F-statistic 330.2853
Prob(F-statistic) 0.000000
A glance at these results would suggest that we have the collinearity problem, for the R2 value is very high, but quite a few variables are statistically insignificant (Xi, X2, and X5), a classic symptom of multicollinearity. To shed more light on this, we show in Table 10.8 the intercorrelations among the six regressors.
372 PART TWO: RELAXING THE ASSUMPTIONS OF THE CLASSICAL MODEL
Was this article helpful?
Rules Of The Rich And Wealthy
Learning About The Rules Of The Rich And Wealthy Can Have Amazing Benefits For Your Life And Success. Discover the hidden rules and beat the rich at their own game. The general population has a love / hate kinship with riches. They resent those who have it, but spend their total lives attempting to get it for themselves. The reason an immense majority of individuals never accumulate a substantial savings is because they don't comprehend the nature of money or how it works.
Post a comment