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A Regression Had the Following Results: SST = 102

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A regression had the following results: SST = 102.55,SSE = 82.04.It can be said that 90.0% of the variation in the dependent variable is explained by the independent variables in the regression.


Definitions:

Authorized Shares

The highest amount of shares a company is allowed to distribute, as outlined in its charter.

Outstanding Shares

The total number of shares of a corporation that have been issued and are in the hands of the public and insiders.

Issued Shares

The total number of shares of stock that have been sold.

Generally Accepted Accounting Principles

A framework of accounting standards, principles, and procedures that companies must follow when compiling their financial statements in the U.S.

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