Calculate the coefficient of determination and comment on your result

ECONOMETRICS An econometrician wanted to investigate the effects of family size () and income () on household consumption expenditure (). Using a sample size of 89 households he obtained the following results in deviation form. 50.5   -66.2 36.8 -66.2       967.1   39.1 0.0218   0.0015 0.0015   0.0011 (i). Specify a […]