Multiple regression with three explanatory variables , Econometrics

For a multiple regression with three explanatory variables the value of R2 is 0.75.

Indicate whether every of the following statements is true or false and give brief reasons for your answer:

(i)    The three explanatory variables each describe 25% of the variation in the dependent variable.

(ii)    If R2 = 0.75 then three quarters of the data is perfectly described by the model.

Posted Date: 3/25/2013 6:00:08 AM | Location : United States







Related Discussions:- Multiple regression with three explanatory variables , Assignment Help, Ask Question on Multiple regression with three explanatory variables , Get Answer, Expert's Help, Multiple regression with three explanatory variables Discussions

Write discussion on Multiple regression with three explanatory variables
Your posts are moderated
Related Questions
Problem 1: (a) Using examples explain the concept of cointegration. (b) Explain the term ‘stationarity' and its importance. (c) Differentiate between stochastic and determinist

The following multiple regression results are part of a study of the demand for chicken in the USA. Q Calculates the quantity of chicken purchased per annum. PC and PB are the pric

Can you explain the basic introduction of this methodology?



Problem: a) In what circumstances would you apply switching models? b) Using dummy variables for seasonality show how you would test for January effects in financial data?

what are the causes,consequences and remedy of measurement error?

Suppose that the aggregate demand curve in a particular year is given by the algebraic           expression:  Y = 3000 + 1000/P, where Y is the aggregate output and P is t

Hedging ?nancial risk is a very important practical issue in economics.  In this exercise, you will derive your optimal hedge ratio, assuming that you are an expected utility maxim