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Essay specific features
Written by:
Carleen C
Date added:
April 15, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1151
Was viewed:
2381 times
Rating of current essay:
Essay content:
The R-square value of .546 indicates that there is a 54.6% of the variation is accounted for, and is found by squaring the coefficient of correlation. In the second regression model presented by Jones computes the lagged independent variables relationship. The Multiple R value is .755, indicating a “strong” relationship between variables...
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The R-square value of .570 indicates that there is a 57% of the variation is accounted for. Thus, the Lagged values model is a slightly better model, due to the higher values.
The R-square values in Jones’s models are not the most optimal. The optimal model is shown below and combines independent variables omitting the variable on Estimate on Quick Brew’s weekly advertising expenditure (X3)...
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