Multiple Linear Regression - Ordinary Least Squares
VariableParameterS.E.T-STAT
H0: parameter = 0
2-tail p-value1-tail p-value
Inc[t]1.061710.2666743.9813020.0013650.000683
Price[t]-1.3829850.083814-16.50059800
Constant130.70658727.0942934.8241370.000270.000135
VariableElasticityS.E.*T-STAT
H0: |elast| = 1
2-tail p-value1-tail p-value
%Inc[t]0.8128820.204175-0.9164620.3749420.187471
%Price[t]-0.7846350.047552-4.5290430.0004720.000236
%Constant0.9717540.201436-0.1402250.890480.44524
VariableStand. Coeff.S.E.*T-STAT
H0: coeff = 0
2-tail p-value1-tail p-value
S-Inc[t]0.2387080.0599573.9813020.0013650.000683
S-Price[t]-0.989330.059957-16.50059800
S-Constant00010.5
*Notecomputed against deterministic endogenous series
VariablePartial Correlation
Inc[t]0.728698
Price[t]-0.975241
Constant0.790181
Critical Values (alpha = 5%)
1-tail CV at 5%1.77
2-tail CV at 5%2.14

Multiple Linear Regression - Regression Statistics
Multiple R0.975337
R-squared0.951282
Adjusted R-squared0.944322
F-TEST136.683086
Observations17
Degrees of Freedom14
Multiple Linear Regression - Residual Statistics
Standard Error5.563356
Sum Squared Errors433.312979
Log Likelihood-51.647054
Durbin-Watson2.018549
Von Neumann Ratio2.144708
# e[t] > 09
# e[t] < 08
# Runs7
Runs Statistic-1.242299

Multiple Linear Regression - Ad Hoc Selection Test Statistics
Akaike (1969) Final Prediction Error36.412855
Akaike (1973) Log Information Criterion3.591188
Akaike (1974) Information Criterion36.277152
Schwarz (1978) Log Criterion3.738226
Schwarz (1978) Criterion42.023365
Craven-Wahba (1979) Generalized Cross Validation37.583269
Hannan-Quinn (1979) Criterion36.811266
Rice (1984) Criterion39.392089
Shibata (1981) Criterion34.485116

Multiple Linear Regression - Analysis of Variance
ANOVADFSum of SquaresMean Square
Regression28460.9364334230.468217
Residual14433.31297930.950927
Total168894.249412555.89058823529
F-TEST136.683086
p-value0