Hi,
I have a query on regression output generated by R.
> result=lm( Y~X , data=trail)
> summary(result)
After running this 2 statements the following output is generated.
Call:
lm(formula = Y ~ X, data = trail)
Residuals:
Min 1Q Median 3Q Max
-245.30 -90.77 -30.30 54.99 532.78
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 245.2982 62.1307 3.948 0.000376 ***
X 0.5192 0.1752 2.963 0.005533 **
---
Signif. codes: 0 *** 0.001 ** 0.01 * 0.05 . 0.1 1
Residual standard error: 169.1 on 34 degrees of freedom
Multiple R-squared: 0.2052, Adjusted R-squared: 0.1818
F-statistic: 8.777 on 1 and 34 DF, p-value: 0.005533
>From this output, I intend to use the beta values to calculate
elasticities. Is this possible directly in R?
If not, then when I paste this output in Excel, It is pasted as an image,
and thus I cannot use the beta values for calculating any other metric.
Can anyone please help me out!!!
Thanks & Regards,
Krunal Nanavati
9769-919198
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