Explore BrainMass
Share

# R2

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Economics for managers BOOK: ECO 550 STRAYER UNIVERSITY 2008 CUSTOM EDITION; ECONOMICS for MANAGERS: ISBN- 13: 978-0-558-03749-9.

https://brainmass.com/economics/regression/economics-managers-229860

#### Solution Preview

Question 1
R2 is the coefficient of determination. For example, if R2 is equal to .9027 this means that we can conclude that 90.27% of the total sum of squares can be explained by using the estimated regression equation.
tstat is equal to b1/sb1. What the tstat means is that whenever it is less than the negative value of ta/2 or whenever it is greater than the positive value of ta/2, then the null hypothesis is rejected.
Fstat is equal to MSR/MSE. What the Fstat means is that whenever it is more than Fa, then the null hypothesis is rejected.

A cross sectional is mere ...

#### Solution Summary

A cross sectional is examined.

\$2.19