A Multiple Regression Analysis Produced the Following Output from Excel

question 24

Multiple Choice

A multiple regression analysis produced the following output from Excel. The overall proportion of variation of y accounted by x₁ and x₂ is _______

• A) 0.9787
• B) 0.9579
• C) 0.9523
• D) 67.671
• E) 0.0489

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Definitions:

Gross Investment

The total amount of money spent on new capital assets before accounting for depreciation.

Public Investment

Expenditure by the government on capital projects like public infrastructure, education, and health facilities that are intended to improve a country's economic capacity and well-being.

Replacement Investment

Expenditures made to replace worn-out or outdated capital goods to maintain productive capacity.

Gross Investment

The total amount of investment in capital goods in an economy over a specific period, not accounting for depreciation.