Documentos de Académico
Documentos de Profesional
Documentos de Cultura
MULTIVARIATE
REGRESSION
GROUP 2
TIME SERIES - APRIORI REASONING
SIGNIFICANCE OF
ERROR ESTIMATE Significance of R2 value:
Significance of R^2 Value:
The standard error of the 93.1% of the variation in HDI is
It is expressed in the probability levels: estimate is a measure of the
accuracy of predictions.
caused by these 4 factors
p
The smaller the p-level, the more The regression line is the line
significant the relationship that minimizes the sum of
squared deviations of
The larger the correlation, the stronger prediction (also called the sum
the relationship of squares error). This signifies that there is
It shows the HDI has a strong The standard error of the
high accuracy in the data
relationship with GDPperccapita, estimate is closely related to analysis and has lower
BirthRate, Deathrate and LiteracyRate this quantity and is defined sum of squared
CROSS SECTIONAL RESULTS &
INTERPRETATION
HDI= 0.182+0.06x1-0.05x2+0.002x3+0.0001x4
CROSS SECTIONAL MULTIPLICATIVE