In: Finance
Based on the below data what will be the value of multiple R?
| Regression Statistics | ||||
| Multiple R | ||||
| R Square | ||||
| Adjusted R Square | ||||
| Standard Error | ||||
| Observations | 8 | |||
| ANOVA | ||||
| df | SS | MS | F | |
| Regression | 1 | 32 | 32 | 8 |
| Residual | 6 | 28 | 4 | |
| Total | 7 | |||
| Coefficients | Standard Error | t Stat | P-value | |
| Intercept | 11 | 31.274666 | 3.984284 | 0.007248 |
| Advertising (thousands of $) | 19 | 6.19330674 | 1.610802 | 0.158349 |
R square = sum of squares of regression / (sum of square of regression + sum of square of residuals)
R square = 32/(32+28) = 0.5333
multiple R = SQRT (R square) = SQRT(0.5333) = 0.7303
Answer : 0.7303