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The following equation was estimated using the data in CEOSALI: log (salary) = 4.322 + .276 log(sales) + .0215 roe – .00008 roe? (.00026) (.324) (.033) n = 209, R? = .282. (.0129) This equation allows roe to have a diminishing effect on log(salary). Is this generality necessary? Explain why or why not.

The following equation was estimated using the data in CEOSALI: log (salary) = 4.322 + .276 log(sales) + .0215 roe – .00008 roe? (.00026) (.324) (.033) n = 209, R? = .282. (.0129) This equation allows roe to have a diminishing effect on log(salary). Is this generality necessary? Explain why or why not.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The following equation was estimated using the data in CEOSALI: log (salary) = 4.322 + .276 log(sales) + .0215 roe – .00008 roe? (.00026) (.324) (.033) n = 209, R? = .282. (.0129) This equation allows roe to have a diminishing effect on log(salary). Is this generality necessary? Explain why or why not.
Transcribed Image Text:The following equation was estimated using the data in CEOSALI: log (salary) = 4.322 + .276 log(sales) + .0215 roe – .00008 roe? (.00026) (.324) (.033) n = 209, R? = .282. (.0129) This equation allows roe to have a diminishing effect on log(salary). Is this generality necessary? Explain why or why not.
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