What percent of the variance in well production is explained by knowing well depth and well age?
SUMMARY OUTPUT | ||||||||
Regression Statistics | ||||||||
Multiple R | 0.98711 | |||||||
R Square | 0.974387 | |||||||
Adjusted R Square | 0.965849 | |||||||
Standard Error | 47.4523 | |||||||
Observations | 9 | |||||||
ANOVA | ||||||||
df | SS | MS | F | Significance F | ||||
Regression | 2 | 513960.7 | 256980.4 | 114.1262 | 1.68E-05 | |||
Residual | 6 | 13510.32 | 2251.72 | |||||
Total | 8 | 527471.1 | ||||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |
Intercept | -100.805 | 48.43281 | -2.08133 | 0.082583 | -219.316 | 17.70612 | -219.316 | 17.70612 |
Well Depth | 11.8072 | 0.790904 | 14.92874 | 5.69E-06 | 9.87193 | 13.74248 | 9.87193 | 13.74248 |
Well Age | -2.23683 | 0.435949 | -5.13093 | 0.002155 | -3.30356 | -1.1701 | -3.30356 | -1.1701 |
What percent of the variance in well production is explained by knowing well depth and well...
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Calculate the following statistics given the existing information (1 point per calculation): Regression Statistics Multiple R R Square Adjusted R Square 0.559058 Standard Error Observations 30 ANOVA df SS MS F Significance F Regression 2 3609132796 19.38411515 6.02827E-06 Residual 27 2513568062 Total 29 6122700857 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -15800.8 57294.51554 -0.27578 0.784814722 CARAT 12266.83 1999.250369 6.135715 1.48071E-06 DEPTH 156.686 928.9461882 0.168671 0.867312915 Additionally interpret your results. Be sure to comment on Accuracy, significance...
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In relation to the below output from the Regression Analysis of the S&P/ASX200 Index (X) and from the company ABC Shares derived from weekly data over a 12 month period, can you please explain the key measures and what this all means eg. Number of Observations, R Square, Value of the Slope and the P-Value of the Slope etc. SUMMARY OUTPUT Regression Statistics Multiple R 0.045274332 R Square 0.002049765 Adjusted R Square -0.01790924 Standard Error 0.023996449 Observations 52 ANOVA df...
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