In: Math
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars.
Predictor |
Coef |
SE Coef |
T |
P |
|
Constant |
7.987 |
2.967 |
2.69 |
- |
|
X1 |
0.12242 |
0.03121 |
3.92 |
0.0000 |
|
X2 |
-0.12166 |
0.05353 |
-2.27 |
0.028 |
|
X3 |
-0.06281 |
0.03901 |
-1.61 |
0.114 |
|
X4 |
0.5235 |
0.1420 |
3.69 |
0.001 |
|
X5 |
-0.06472 |
0.03999 |
-1.62 |
0.112 |
|
Analysis of Variance |
|||||
Source |
DF |
SS |
MS |
F |
P |
Regression |
5 |
3710.00 |
742.00 |
12.89 |
0.000 |
Residual Error |
46 |
2647.38 |
57.55 |
||
Total |
51 |
6357.38 |
X1 - # of architects employed by the company
X2 - # of engineers employed by the company
X3 - # of years involved with health care projects
X4 - # of states in which the firm operates
X5 - % of the firms work that is health care-related