Monthly data was used to estimate the following regression. Stock Return = a + B(Market Return) + ɛ The estimation of regression yielded the following results. Interpret the results. R Square = 0.0837 Intercept = 0.0048 P-value of Intercept = 0.4351 Beta = 0.4736

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section: Chapter Questions
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Monthly data was used to estimate the
following regression.
Stock Return = a + B(Market Return) + ɛ
The estimation of regression yielded the
following results. Interpret the results.
R Square = 0.0837
Intercept = 0.0048
P-value of Intercept = 0.4351
Beta
%3D
%3|
= 0.4736
Transcribed Image Text:Monthly data was used to estimate the following regression. Stock Return = a + B(Market Return) + ɛ The estimation of regression yielded the following results. Interpret the results. R Square = 0.0837 Intercept = 0.0048 P-value of Intercept = 0.4351 Beta %3D %3| = 0.4736
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