Cost Estimation by Gregory K. Mislick
Author:Gregory K. Mislick
Language: eng
Format: epub
ISBN: 9781118536216
Publisher: Wiley
Published: 2015-05-04T00:00:00+00:00
7.4 Evaluating a Regression
When evaluating your regression, there are numerous statistics that need to be analyzed. The primary ones that we will discuss include the standard error, the coefficient of variation (CV), the F-Statistic, the t-Statistics, and the Coefficient of Determination (R2). Table 7.7 below is the same regression printout from Table 7.4, but this time with the Standard Error bolded and columns labeled A–F for emphasis and identification of those statistics in this section.
TABLE 7.7 Regression Result of Price versus the Square Footage of the Fifteen Homes in Example 7.1
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