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Modeling The Economic Growth Of The Region

Table 1: Criteria for evaluating the quality of the regression equation

Multi-factor correlation coefficient Standardized determinant coefficient Fisher criterion Summary
An overall indicator of the region's economic growthY1= -589.16+ 9935.3 Y2+ 9.144Y3 – 65.48 Y4+ 77.55Y5
0.98Strong correlation dependence 0.93Due to changes in the factors included in the model the variability of the variable is 93%. 37.86The regression equation is significant The model is worthy of research and prediction
An indicator of the effectiveness of the region's economic growth in an innovative directionY2= - 0.406+ 0.12 X1+ 0.008 X2+ 0.322 X3+ 0.087 X4+ 0.135 X5
0.99Strong correlation dependence 0.98Due to changes in the factors included in the model the variability of the variable is 98%. 53.5The regression equation is significant The model is worthy of research and prediction
An indicator of the effectiveness of the region's economic growth in the direction of competitivenessY3= -134.839+ 0.003X6+ 0.054X7+ 25.68X8+ 0.002X9+ 0.967X10
0.95Strong correlation dependence 0.82Due to changes in the factors included in the model the variability of the variable is 82%. 10.13The regression equation is significant The model is worthy of research and prediction
An indicator of the effectiveness of regional economic growth in the field of economic securityY4= Y4= 85.579+ 1.475 X11- 0.967 X12+ 0.009 X13- 14.385 X14- 0.009 X15
0.96Strong correlation dependence 0.86Due to changes in the factors included in the model the variability of the variable is 86% 13.8The regression equation is significant The model is worthy of research and prediction
An indicator of the effectiveness of the region's economic growth in the direction of sustainable developmentY5= 20.541- 0.405 X16- 0.295 X17+ 0.362 X18+ 0.145 X19+ 1.044 X20+ 0.03 X21
0.97Strong correlation dependence 0.84Due to changes in the factors included in the model the variability of the variable is 84% 10.41The regression equation is significant The model is worthy of research and prediction
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