SUMMARY OUTPUT RELATED ECONOMICS

SUMMARY OUTPUT
Regression Statistics
Multiple R0.907055755
R Square???????
Adjusted R Square???????
Standard Error???????
Observations16
ANOVA
dfSSMSFSignificance F
Regression???????18283048.173656610?????0.001615349
Residual???????3938823.58393882.4
Total??????????????
CoefficientsStandard Errort StatP-valueLower 95%Upper 95%
Intercept???????2507.7240582.3777160.038763375.098131111550.21289
X24.883662697???????1.9437140.080584???????10.48195531
X32.3639562110.843558632???????0.0187190.484390458???????
X4???????187.7072286-4.363860.001413-1237.366467-400.8909333
X512.01048233???????0.0816760.936516-315.6365271???????
X 6-851.3926955292.1447153???????0.015451???????-200.4537078

Questions:

  1. Fill in the blanks.
  2. Interpret the Coefficients and intercept. What do you mean by statistically significant? What are the statistical significant variables in the model?
  3. What do you mean by R square and adjusted R square? Interpret them in this model.