Re: [R] Output interpretation: standard error of lm dummy variable

Hi Livia, You seem to have mixed up the residual error with the R^2, which is just over 0.02. The bottom line on your summary table says that the obtained F statistic was equal to 1894 (this has been truncated to four significant places). The probability of obtaining that value with your data given

[R] Output interpretation: standard error of lm dummy variable

Hi guys I have a statistical question to an analyse I ran in R. It is a dummy variable model with the 5 regions of Denmark as 4 independent dummy variables and price as the dependent variable: price = 10.325 - 0.176*Sjaeland - 0.368 * NJylland - 0.230*MJylland - 0.120* Syddanmark I understan