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Class 15 (Regression Results (Durbin Watson (auto-correlation (there…
Class 15
Regression Results
Mean Dependent Variable
the mean of dependent variable means average
Standard Deviation of Dependent Variable
means fluctuations in dependent variable
Durbin Watson
its value should be around 2
but if its value is not close to 2 then it does not matter
it describes the elasticity of data that how much it can go up or down
it is linked with F-statistics
auto-correlation
the correlation that already exists between 2 independent variables
there should be no auto-correlation
but it is not possible
because the variables will have some correlation between them
so it has to be accepted
but it can be minimum
it should be near 2
F-statistics
it is of total regression
it describes the significance of R-square
Prob F-statistics
it describes the probability of F-statistics
significance or non significance