5.Data were collected from 175 pharmaceutical companies. Monthly profit (in 10 M$) was regressed on production cost, number of workers, and the location of the company (o: rural, 1: urban). The analysis results are given below. Regress profit location cost workers Source| SS df MS Number of obs = 175 F( 3, 171) Prob > F 323 %D Model | 14142.4781 Residual | 2495.7314 3 4714.15937 0.0000 R-squared Adj R-squared = 0.8489 Root MSE 11 14.5949206 0.8503 Total | 16638.2095 174 95.6218937 3.3422 %3D Profit Coef. Std. Err. t P>|t| [95% Conf. Interval] Location | -2.326 Cost | -2.753 Workers| .07714 _cons | 52.701 .7901811 -4.78 0.000 -1.7033 -3.084 .6977087 6.42 0.000 -1.7549 -4.1916 .0086406 3.78 0.000 .04476 .110660 2.923818 15.43 0.000 48.6362 56.7942 Write a short report based on the above results.

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Author:Amos Gilat
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5.Data were collected from 175 pharmaceutical
companies. Monthly profit (in 10 M$) was
regressed on production cost, number of
workers, and the location of the company (0:
rural, 1: urban). The analysis results are given
below.
Regress profit location cost workers
Source |
SS
df
MS
Number of obs =
175
F( 3, 171)
323
Model | 14142.4781
Residual | 2495.7314 11
3
4714.15937
Prob > F
0.0000
R-squared
Adj R-squared
14.5949206
0.8503
0.8489
Total | 16638.2095
174 95.6218937
Root MSE
3.3422
Profit|
Сof.
Std. Err.
P>|t|
[95% Conf. Interval]
Location | -2.326
Cost | -2.753
Workers .07714
_cons 52.701
.7901811
-4.78
0.000
-1.7033
-3.084
.6977087
6.42
0.000
-1.7549
-4.1916
.0086406
3.78
0.000
.04476
.110660
2.923818
15.43 0.000
48.6362
56.7942
Write a short report based on the above results.
Transcribed Image Text:5.Data were collected from 175 pharmaceutical companies. Monthly profit (in 10 M$) was regressed on production cost, number of workers, and the location of the company (0: rural, 1: urban). The analysis results are given below. Regress profit location cost workers Source | SS df MS Number of obs = 175 F( 3, 171) 323 Model | 14142.4781 Residual | 2495.7314 11 3 4714.15937 Prob > F 0.0000 R-squared Adj R-squared 14.5949206 0.8503 0.8489 Total | 16638.2095 174 95.6218937 Root MSE 3.3422 Profit| Сof. Std. Err. P>|t| [95% Conf. Interval] Location | -2.326 Cost | -2.753 Workers .07714 _cons 52.701 .7901811 -4.78 0.000 -1.7033 -3.084 .6977087 6.42 0.000 -1.7549 -4.1916 .0086406 3.78 0.000 .04476 .110660 2.923818 15.43 0.000 48.6362 56.7942 Write a short report based on the above results.
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