Linear regression model has been developed using Backward variable selection method. The criterion used for Backward method is Probability of F-to-remove >= 0. 100 As seen from the above table in our model the ‘R Square’ value of is 0.
A mathematical analysis of economic problems. Discusses advantages, goals, methods, models, applications and limitations. APPLICATION OF MATHEMATICAL METHODS IN ECONOMIC ANALYSIS When mathematical methods and statistical techniques are applied to the analysis of economic problems and issues, the term usually