Question

Discuss the model and interpret the results: report overall model fit (t and significance), report the...

Discuss the model and interpret the results: report overall model fit (t and significance), report the slope coefficient and significance, report and interpret r squared.

Regression Statistics
Multiple R 0.001989374
R Square 3.95761E-06
Adjusted R Square -0.005046527
Standard Error 8605.170404
Observations 200
ANOVA
df SS MS F Significance F
Regression 1 58025.4985 58025.4985 0.00078361 0.977695901
Residual 198 14661693620 74048957.68
Total 199 14661751645
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 15668.85874 2390.079111 6.555790838 4.69845E-10 10955.58096 20382.13652 10955.58096 20382.13652
X Variable 1 -0.001164685 0.04160626 -0.027993034 0.977695901 -0.083212957 0.080883586 -0.083212957 0.080883586

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