BIAS 660 GLM 3 Homework Clifford Gammon
Clifford Gammon
December 11, 2018
Question 1
While a CEO may concider his total compensation to include both his base pay and stock options, for a predicting model it would make more sense to only include the base pay. The biggest problem that comes with including the stocks into the model is that we don’t understand how the stock market was reacting when the stock was sold. If a company has a bad quarter the stock prices will go down and the amount that a CEO would recieve for the stock would be lower than if the company performed really well. We also don’t know if the CEO is selling the stock because they need to have a loss for tax purposes or because the stock option is about to run out and they need to exercize them.
Question 2
For this model we will use the variables:
- Industry (the industry that the CEO works in)
- Compfor5Yrs (the CEO’s previous compensation for the past 5 years)
- Sales (the number of sales the company had)
- StockOwned (Percent of the company stock owned by the CEO)
- UGDate (the date that the CEO graduated from their undergraduate degree)
Several interaction effects where also concidered for this mode and were included. The summary below shows the overall model and the coefficiant for each factor.
##
## Call:
## lm(formula = total.comp ~ as.factor(Industry) + Compfor5Yrs +
## Sales + StockOwned + UGDate + as.factor(Industry):Compfor5Yrs +
## as.factor(Industry):Sales + Compfor5Yrs:Sales + Compfor5Yrs:StockOwned +
## as.factor(Industry):Compfor5Yrs:Sales, data = ceo.data2)
##
## Residuals:
## Min 1Q Median 3Q Max
## -2622818 -209401 -6931 146050 5314871
##
## Coefficients: (6 not defined because of singularities)
## Estimate
## (Intercept) 1.039e+06
## as.factor(Industry)Computerscommunications-peripherals 1.552e+05
## as.factor(Industry)Computerscommunications-software 8.859e+05
## as.factor(Industry)Computerscommunications-telecommun 4.128e+05
## as.factor(Industry)Consumer durables-appliances -3.810e+05
## as.factor(Industry)Consumer durables-automobilestrucks -3.289e+07
## as.factor(Industry)Consumer durables-automotive parts 6.163e+05
## as.factor(Industry)Consumer durables-home furnishings 1.467e+06
## as.factor(Industry)Consumer durables-recreation equipment 8.841e+04
## as.factor(Industry)Consumer nondurables-personal products -9.241e+05
## as.factor(Industry)Consumer nondurables-photographytoys 4.187e+05
## as.factor(Industry)Consumer nondurables-textiles 1.138e+06
## as.factor(Industry)Consumer nondurables-textilesapparel 1.181e+06
## as.factor(Industry)Electric utilities-north central 9.166e+04
## as.factor(Industry)Electric utilities-northeast 4.143e+05
## as.factor(Industry)Electric utilities-south central -8.928e+05
## as.factor(Industry)Electric utilities-southeast -2.562e+05
## as.factor(Industry)Electric utilities-western 3.532e+05
## as.factor(Industry)Energy-integrated gas -8.042e+05
## as.factor(Industry)Energy-international oils 2.391e+07
## as.factor(Industry)Energy-oilfield services -1.447e+08
## as.factor(Industry)Energy-other energy 4.341e+05
## as.factor(Industry)Energy-other gas 7.533e+05
## as.factor(Industry)Entertainmentinformation-broadcasting 6.996e+04
## as.factor(Industry)Entertainmentinformation-publishing 8.184e+05
## as.factor(Industry)Financial services-brokerage 1.053e+06
## as.factor(Industry)Financial services-leasefinance 9.037e+05
## as.factor(Industry)Financial services-multinational banks -1.508e+06
## as.factor(Industry)Financial services-regional banks 1.114e+05
## as.factor(Industry)Financial services-thrift institutions -1.371e+04
## as.factor(Industry)Food distributors-food wholesalers -1.138e+05
## as.factor(Industry)Food distributors-restaurant chains 1.027e+06
## as.factor(Industry)Food distributors-supermarketsconvenience 1.943e+05
## as.factor(Industry)Fooddrink tobacco-food processors -4.418e+05
## as.factor(Industry)Fooddrinktobacco-beverages 8.001e+05
## as.factor(Industry)Fooddrinktobacco-food processors 7.264e+04
## as.factor(Industry)Fooddrinktobacco-tobacco 1.355e+05
## as.factor(Industry)Health-biotechnology 4.147e+05
## as.factor(Industry)Health-drugs 5.992e+05
## as.factor(Industry)Health-health care services 1.246e+05
## as.factor(Industry)Health-medical supplies 5.152e+05
## as.factor(Industry)Insurance-diversified 2.991e+04
## as.factor(Industry)Insurance-lifehealth 2.614e+06
## as.factor(Industry)Insurance-propertycasualty -2.943e+04
## as.factor(Industry)Retailing-apparel 7.585e+05
## as.factor(Industry)Retailing-consumer electronics -6.179e+07
## as.factor(Industry)Retailing-department stores -6.062e+05
## as.factor(Industry)Retailing-drugdiscount -1.641e+05
## as.factor(Industry)Retailing-home improvement 1.615e+06
## as.factor(Industry)Retailing-home shopping 5.520e+05
## as.factor(Industry)Retailing-specialty retailers 3.242e+05
## Compfor5Yrs 6.290e-02
## Sales 8.840e+01
## StockOwned -6.690e+03
## UGDate -8.853e+03
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs -3.267e-02
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs -1.316e-01
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs -6.537e-02
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs 3.919e-02
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs 3.821e+00
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs -1.245e-01
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs -1.624e-01
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs -1.485e-01
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs 4.823e-02
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs -3.424e-02
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs -1.092e-01
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs -5.769e-02
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs -6.975e-02
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs -1.296e-01
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs 5.074e-01
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs 5.148e-02
## as.factor(Industry)Electric utilities-western:Compfor5Yrs -8.870e-02
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs 1.056e-01
## as.factor(Industry)Energy-international oils:Compfor5Yrs -2.552e+00
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs 1.527e+01
## as.factor(Industry)Energy-other energy:Compfor5Yrs -1.984e-02
## as.factor(Industry)Energy-other gas:Compfor5Yrs -9.458e-02
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs -4.667e-02
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs -1.508e-01
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs 1.395e-01
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs -9.751e-02
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs 2.814e-01
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs -6.715e-02
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs -3.082e-02
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs -1.441e-01
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs -1.874e-01
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs -5.176e-02
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs -9.484e-02
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs -6.514e-02
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs 5.409e-02
## as.factor(Industry)Health-biotechnology:Compfor5Yrs -1.673e-01
## as.factor(Industry)Health-drugs:Compfor5Yrs -7.777e-02
## as.factor(Industry)Health-health care services:Compfor5Yrs 2.049e-02
## as.factor(Industry)Health-medical supplies:Compfor5Yrs -7.382e-02
## as.factor(Industry)Insurance-diversified:Compfor5Yrs -3.659e-02
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs -3.275e-01
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs -3.988e-02
## as.factor(Industry)Retailing-apparel:Compfor5Yrs -4.796e-02
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs 1.475e+01
## as.factor(Industry)Retailing-department stores:Compfor5Yrs 5.515e-02
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs 6.203e-03
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs -3.177e-01
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs -5.658e-02
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs -1.314e-01
## as.factor(Industry)Computerscommunications-peripherals:Sales -1.128e+02
## as.factor(Industry)Computerscommunications-software:Sales -3.801e+02
## as.factor(Industry)Computerscommunications-telecommun:Sales -1.810e+01
## as.factor(Industry)Consumer durables-appliances:Sales 1.062e+02
## as.factor(Industry)Consumer durables-automobilestrucks:Sales 6.742e+03
## as.factor(Industry)Consumer durables-automotive parts:Sales -6.545e+01
## as.factor(Industry)Consumer durables-home furnishings:Sales -7.784e+02
## as.factor(Industry)Consumer durables-recreation equipment:Sales 6.421e+02
## as.factor(Industry)Consumer nondurables-personal products:Sales 1.267e+02
## as.factor(Industry)Consumer nondurables-photographytoys:Sales -2.131e+00
## as.factor(Industry)Consumer nondurables-textiles:Sales 7.092e+01
## as.factor(Industry)Consumer nondurables-textilesapparel:Sales -1.718e+02
## as.factor(Industry)Electric utilities-north central:Sales 1.683e+01
## as.factor(Industry)Electric utilities-northeast:Sales -6.284e+01
## as.factor(Industry)Electric utilities-south central:Sales 8.400e+01
## as.factor(Industry)Electric utilities-southeast:Sales -4.751e+01
## as.factor(Industry)Electric utilities-western:Sales -1.034e+02
## as.factor(Industry)Energy-integrated gas:Sales 4.489e+02
## as.factor(Industry)Energy-international oils:Sales -1.018e+03
## as.factor(Industry)Energy-oilfield services:Sales 1.719e+04
## as.factor(Industry)Energy-other energy:Sales -1.264e+02
## as.factor(Industry)Energy-other gas:Sales -1.620e+02
## as.factor(Industry)Entertainmentinformation-broadcasting:Sales 4.959e+01
## as.factor(Industry)Entertainmentinformation-publishing:Sales -1.918e+02
## as.factor(Industry)Financial services-brokerage:Sales -2.961e+02
## as.factor(Industry)Financial services-leasefinance:Sales -8.182e+01
## as.factor(Industry)Financial services-multinational banks:Sales 5.041e+01
## as.factor(Industry)Financial services-regional banks:Sales 1.787e+02
## as.factor(Industry)Financial services-thrift institutions:Sales 1.850e+02
## as.factor(Industry)Food distributors-food wholesalers:Sales -5.218e+01
## as.factor(Industry)Food distributors-restaurant chains:Sales -2.589e+03
## as.factor(Industry)Food distributors-supermarketsconvenience:Sales -7.125e+01
## as.factor(Industry)Fooddrink tobacco-food processors:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Sales -1.213e+02
## as.factor(Industry)Fooddrinktobacco-food processors:Sales 3.747e+01
## as.factor(Industry)Fooddrinktobacco-tobacco:Sales -2.950e+01
## as.factor(Industry)Health-biotechnology:Sales -8.077e+02
## as.factor(Industry)Health-drugs:Sales -1.433e+02
## as.factor(Industry)Health-health care services:Sales -5.902e+01
## as.factor(Industry)Health-medical supplies:Sales -1.023e+02
## as.factor(Industry)Insurance-diversified:Sales -6.867e+01
## as.factor(Industry)Insurance-lifehealth:Sales -1.317e+03
## as.factor(Industry)Insurance-propertycasualty:Sales 9.471e+01
## as.factor(Industry)Retailing-apparel:Sales -1.063e+02
## as.factor(Industry)Retailing-consumer electronics:Sales 1.663e+04
## as.factor(Industry)Retailing-department stores:Sales 6.184e+01
## as.factor(Industry)Retailing-drugdiscount:Sales -4.190e+01
## as.factor(Industry)Retailing-home improvement:Sales -4.194e+02
## as.factor(Industry)Retailing-home shopping:Sales -2.788e+01
## as.factor(Industry)Retailing-specialty retailers:Sales -3.717e+02
## Compfor5Yrs:Sales -7.099e-06
## Compfor5Yrs:StockOwned 3.569e-03
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs:Sales 1.655e-05
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs:Sales 1.103e-04
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs:Sales 4.260e-06
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs:Sales -2.468e-06
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs:Sales -7.319e-04
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs:Sales 1.570e-05
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs:Sales 6.982e-05
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs:Sales -4.384e-06
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs:Sales 4.241e-06
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs:Sales -7.996e-06
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs:Sales -6.956e-07
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs:Sales 1.328e-05
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs:Sales -9.318e-05
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs:Sales 1.657e-06
## as.factor(Industry)Electric utilities-western:Compfor5Yrs:Sales 1.127e-05
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs:Sales -7.670e-05
## as.factor(Industry)Energy-international oils:Compfor5Yrs:Sales 1.077e-04
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs:Sales -1.666e-03
## as.factor(Industry)Energy-other energy:Compfor5Yrs:Sales 1.084e-05
## as.factor(Industry)Energy-other gas:Compfor5Yrs:Sales 1.571e-05
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs:Sales 1.378e-05
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs:Sales 4.371e-05
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs:Sales 1.401e-05
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs:Sales 1.426e-05
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs:Sales -4.095e-06
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs:Sales 3.950e-06
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs:Sales -1.210e-05
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs:Sales 1.679e-05
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs:Sales 2.979e-04
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs:Sales 6.903e-06
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs:Sales 1.300e-05
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs:Sales 6.121e-06
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs:Sales -3.013e-07
## as.factor(Industry)Health-biotechnology:Compfor5Yrs:Sales 2.501e-04
## as.factor(Industry)Health-drugs:Compfor5Yrs:Sales 1.604e-05
## as.factor(Industry)Health-health care services:Compfor5Yrs:Sales -5.501e-06
## as.factor(Industry)Health-medical supplies:Compfor5Yrs:Sales 1.118e-05
## as.factor(Industry)Insurance-diversified:Compfor5Yrs:Sales 9.583e-06
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs:Sales 1.573e-04
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs:Sales 5.348e-06
## as.factor(Industry)Retailing-apparel:Compfor5Yrs:Sales 7.445e-06
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs:Sales -3.887e-03
## as.factor(Industry)Retailing-department stores:Compfor5Yrs:Sales -3.336e-06
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs:Sales 3.269e-06
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs:Sales 6.944e-05
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs:Sales NA
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs:Sales 4.861e-05
## Std. Error
## (Intercept) 7.500e+05
## as.factor(Industry)Computerscommunications-peripherals 7.503e+05
## as.factor(Industry)Computerscommunications-software 8.893e+05
## as.factor(Industry)Computerscommunications-telecommun 7.492e+05
## as.factor(Industry)Consumer durables-appliances 2.020e+06
## as.factor(Industry)Consumer durables-automobilestrucks 1.511e+07
## as.factor(Industry)Consumer durables-automotive parts 8.598e+05
## as.factor(Industry)Consumer durables-home furnishings 3.554e+06
## as.factor(Industry)Consumer durables-recreation equipment 1.419e+06
## as.factor(Industry)Consumer nondurables-personal products 1.510e+06
## as.factor(Industry)Consumer nondurables-photographytoys 1.448e+07
## as.factor(Industry)Consumer nondurables-textiles 3.566e+06
## as.factor(Industry)Consumer nondurables-textilesapparel 2.779e+06
## as.factor(Industry)Electric utilities-north central 8.494e+05
## as.factor(Industry)Electric utilities-northeast 9.561e+05
## as.factor(Industry)Electric utilities-south central 1.616e+06
## as.factor(Industry)Electric utilities-southeast 1.458e+06
## as.factor(Industry)Electric utilities-western 8.421e+05
## as.factor(Industry)Energy-integrated gas 7.871e+06
## as.factor(Industry)Energy-international oils 5.517e+07
## as.factor(Industry)Energy-oilfield services 2.572e+08
## as.factor(Industry)Energy-other energy 8.262e+05
## as.factor(Industry)Energy-other gas 1.093e+06
## as.factor(Industry)Entertainmentinformation-broadcasting 8.349e+05
## as.factor(Industry)Entertainmentinformation-publishing 9.281e+05
## as.factor(Industry)Financial services-brokerage 9.046e+05
## as.factor(Industry)Financial services-leasefinance 7.267e+05
## as.factor(Industry)Financial services-multinational banks 1.156e+06
## as.factor(Industry)Financial services-regional banks 7.157e+05
## as.factor(Industry)Financial services-thrift institutions 8.052e+05
## as.factor(Industry)Food distributors-food wholesalers 1.755e+06
## as.factor(Industry)Food distributors-restaurant chains 3.123e+06
## as.factor(Industry)Food distributors-supermarketsconvenience 8.018e+05
## as.factor(Industry)Fooddrink tobacco-food processors 5.931e+05
## as.factor(Industry)Fooddrinktobacco-beverages 9.524e+05
## as.factor(Industry)Fooddrinktobacco-food processors 7.682e+05
## as.factor(Industry)Fooddrinktobacco-tobacco 1.265e+06
## as.factor(Industry)Health-biotechnology 1.619e+06
## as.factor(Industry)Health-drugs 7.455e+05
## as.factor(Industry)Health-health care services 8.756e+05
## as.factor(Industry)Health-medical supplies 7.734e+05
## as.factor(Industry)Insurance-diversified 8.106e+05
## as.factor(Industry)Insurance-lifehealth 7.945e+05
## as.factor(Industry)Insurance-propertycasualty 7.619e+05
## as.factor(Industry)Retailing-apparel 3.361e+06
## as.factor(Industry)Retailing-consumer electronics 7.349e+07
## as.factor(Industry)Retailing-department stores 3.715e+06
## as.factor(Industry)Retailing-drugdiscount 8.737e+05
## as.factor(Industry)Retailing-home improvement 1.559e+06
## as.factor(Industry)Retailing-home shopping 3.113e+06
## as.factor(Industry)Retailing-specialty retailers 1.022e+06
## Compfor5Yrs 7.979e-02
## Sales 2.407e+02
## StockOwned 6.157e+03
## UGDate 4.402e+03
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs 8.406e-02
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs 8.564e-02
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs 8.040e-02
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs 2.102e-01
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs 1.698e+00
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs 1.157e-01
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs 3.752e-01
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs 1.616e-01
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs 1.128e-01
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs 1.677e+00
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs 1.626e-01
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs 2.565e-01
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs 1.274e-01
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs 1.322e-01
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs 6.340e-01
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs 3.457e-01
## as.factor(Industry)Electric utilities-western:Compfor5Yrs 1.472e-01
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs 9.175e-01
## as.factor(Industry)Energy-international oils:Compfor5Yrs 6.017e+00
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs 2.716e+01
## as.factor(Industry)Energy-other energy:Compfor5Yrs 8.804e-02
## as.factor(Industry)Energy-other gas:Compfor5Yrs 1.391e-01
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs 8.209e-02
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs 1.282e-01
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs 9.037e-02
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs 7.952e-02
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs 1.248e-01
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs 8.208e-02
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs 9.452e-02
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs 5.185e-01
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs 3.999e-01
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs 9.452e-02
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs 1.062e-01
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs 8.338e-02
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs 1.444e-01
## as.factor(Industry)Health-biotechnology:Compfor5Yrs 2.348e-01
## as.factor(Industry)Health-drugs:Compfor5Yrs 8.020e-02
## as.factor(Industry)Health-health care services:Compfor5Yrs 1.256e-01
## as.factor(Industry)Health-medical supplies:Compfor5Yrs 8.152e-02
## as.factor(Industry)Insurance-diversified:Compfor5Yrs 9.219e-02
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs 8.422e-02
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs 8.348e-02
## as.factor(Industry)Retailing-apparel:Compfor5Yrs 3.992e-01
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs 1.777e+01
## as.factor(Industry)Retailing-department stores:Compfor5Yrs 3.600e-01
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs 1.053e-01
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs 1.897e-01
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs 1.535e-01
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs 9.291e-02
## as.factor(Industry)Computerscommunications-peripherals:Sales 2.826e+02
## as.factor(Industry)Computerscommunications-software:Sales 3.290e+02
## as.factor(Industry)Computerscommunications-telecommun:Sales 2.440e+02
## as.factor(Industry)Consumer durables-appliances:Sales 5.443e+02
## as.factor(Industry)Consumer durables-automobilestrucks:Sales 3.138e+03
## as.factor(Industry)Consumer durables-automotive parts:Sales 2.765e+02
## as.factor(Industry)Consumer durables-home furnishings:Sales 1.571e+03
## as.factor(Industry)Consumer durables-recreation equipment:Sales 1.040e+03
## as.factor(Industry)Consumer nondurables-personal products:Sales 3.340e+02
## as.factor(Industry)Consumer nondurables-photographytoys:Sales 6.053e+03
## as.factor(Industry)Consumer nondurables-textiles:Sales 1.187e+03
## as.factor(Industry)Consumer nondurables-textilesapparel:Sales 9.002e+02
## as.factor(Industry)Electric utilities-north central:Sales 3.166e+02
## as.factor(Industry)Electric utilities-northeast:Sales 3.143e+02
## as.factor(Industry)Electric utilities-south central:Sales 5.229e+02
## as.factor(Industry)Electric utilities-southeast:Sales 4.440e+02
## as.factor(Industry)Electric utilities-western:Sales 3.166e+02
## as.factor(Industry)Energy-integrated gas:Sales 2.556e+03
## as.factor(Industry)Energy-international oils:Sales 2.139e+03
## as.factor(Industry)Energy-oilfield services:Sales 3.112e+04
## as.factor(Industry)Energy-other energy:Sales 2.550e+02
## as.factor(Industry)Energy-other gas:Sales 2.741e+02
## as.factor(Industry)Entertainmentinformation-broadcasting:Sales 3.248e+02
## as.factor(Industry)Entertainmentinformation-publishing:Sales 3.558e+02
## as.factor(Industry)Financial services-brokerage:Sales 2.649e+02
## as.factor(Industry)Financial services-leasefinance:Sales 2.428e+02
## as.factor(Industry)Financial services-multinational banks:Sales 2.746e+02
## as.factor(Industry)Financial services-regional banks:Sales 2.542e+02
## as.factor(Industry)Financial services-thrift institutions:Sales 7.515e+02
## as.factor(Industry)Food distributors-food wholesalers:Sales 3.190e+02
## as.factor(Industry)Food distributors-restaurant chains:Sales 6.823e+03
## as.factor(Industry)Food distributors-supermarketsconvenience:Sales 2.438e+02
## as.factor(Industry)Fooddrink tobacco-food processors:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Sales 2.578e+02
## as.factor(Industry)Fooddrinktobacco-food processors:Sales 2.481e+02
## as.factor(Industry)Fooddrinktobacco-tobacco:Sales 2.673e+02
## as.factor(Industry)Health-biotechnology:Sales 2.003e+03
## as.factor(Industry)Health-drugs:Sales 2.465e+02
## as.factor(Industry)Health-health care services:Sales 2.640e+02
## as.factor(Industry)Health-medical supplies:Sales 3.176e+02
## as.factor(Industry)Insurance-diversified:Sales 2.457e+02
## as.factor(Industry)Insurance-lifehealth:Sales 2.891e+02
## as.factor(Industry)Insurance-propertycasualty:Sales 2.637e+02
## as.factor(Industry)Retailing-apparel:Sales 1.186e+03
## as.factor(Industry)Retailing-consumer electronics:Sales 1.967e+04
## as.factor(Industry)Retailing-department stores:Sales 4.920e+02
## as.factor(Industry)Retailing-drugdiscount:Sales 2.438e+02
## as.factor(Industry)Retailing-home improvement:Sales 5.322e+02
## as.factor(Industry)Retailing-home shopping:Sales 7.093e+02
## as.factor(Industry)Retailing-specialty retailers:Sales 3.166e+02
## Compfor5Yrs:Sales 2.593e-05
## Compfor5Yrs:StockOwned 7.807e-04
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs:Sales 3.066e-05
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs:Sales 3.765e-05
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs:Sales 2.605e-05
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs:Sales 4.562e-05
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs:Sales 3.392e-04
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs:Sales 2.863e-05
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs:Sales 1.387e-04
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs:Sales 2.890e-05
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs:Sales 6.604e-04
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs:Sales 8.639e-05
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs:Sales 4.461e-05
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs:Sales 4.497e-05
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs:Sales 1.573e-04
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs:Sales 8.707e-05
## as.factor(Industry)Electric utilities-western:Compfor5Yrs:Sales 4.680e-05
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs:Sales 3.092e-04
## as.factor(Industry)Energy-international oils:Compfor5Yrs:Sales 2.316e-04
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs:Sales 3.041e-03
## as.factor(Industry)Energy-other energy:Compfor5Yrs:Sales 2.679e-05
## as.factor(Industry)Energy-other gas:Compfor5Yrs:Sales 2.872e-05
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs:Sales 2.883e-05
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs:Sales 4.589e-05
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs:Sales 2.643e-05
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs:Sales 2.595e-05
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs:Sales 2.873e-05
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs:Sales 2.670e-05
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs:Sales 8.062e-05
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs:Sales 5.148e-05
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs:Sales 7.529e-04
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs:Sales 2.652e-05
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs:Sales 2.663e-05
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs:Sales 2.617e-05
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs:Sales 2.931e-05
## as.factor(Industry)Health-biotechnology:Compfor5Yrs:Sales 3.691e-04
## as.factor(Industry)Health-drugs:Compfor5Yrs:Sales 2.613e-05
## as.factor(Industry)Health-health care services:Compfor5Yrs:Sales 4.224e-05
## as.factor(Industry)Health-medical supplies:Compfor5Yrs:Sales 3.092e-05
## as.factor(Industry)Insurance-diversified:Compfor5Yrs:Sales 2.636e-05
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs:Sales 2.822e-05
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs:Sales 2.613e-05
## as.factor(Industry)Retailing-apparel:Compfor5Yrs:Sales 1.352e-04
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs:Sales 4.673e-03
## as.factor(Industry)Retailing-department stores:Compfor5Yrs:Sales 4.690e-05
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs:Sales 2.618e-05
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs:Sales 5.142e-05
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs:Sales NA
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs:Sales 3.546e-05
## t value
## (Intercept) 1.386
## as.factor(Industry)Computerscommunications-peripherals 0.207
## as.factor(Industry)Computerscommunications-software 0.996
## as.factor(Industry)Computerscommunications-telecommun 0.551
## as.factor(Industry)Consumer durables-appliances -0.189
## as.factor(Industry)Consumer durables-automobilestrucks -2.177
## as.factor(Industry)Consumer durables-automotive parts 0.717
## as.factor(Industry)Consumer durables-home furnishings 0.413
## as.factor(Industry)Consumer durables-recreation equipment 0.062
## as.factor(Industry)Consumer nondurables-personal products -0.612
## as.factor(Industry)Consumer nondurables-photographytoys 0.029
## as.factor(Industry)Consumer nondurables-textiles 0.319
## as.factor(Industry)Consumer nondurables-textilesapparel 0.425
## as.factor(Industry)Electric utilities-north central 0.108
## as.factor(Industry)Electric utilities-northeast 0.433
## as.factor(Industry)Electric utilities-south central -0.552
## as.factor(Industry)Electric utilities-southeast -0.176
## as.factor(Industry)Electric utilities-western 0.420
## as.factor(Industry)Energy-integrated gas -0.102
## as.factor(Industry)Energy-international oils 0.433
## as.factor(Industry)Energy-oilfield services -0.563
## as.factor(Industry)Energy-other energy 0.525
## as.factor(Industry)Energy-other gas 0.689
## as.factor(Industry)Entertainmentinformation-broadcasting 0.084
## as.factor(Industry)Entertainmentinformation-publishing 0.882
## as.factor(Industry)Financial services-brokerage 1.164
## as.factor(Industry)Financial services-leasefinance 1.244
## as.factor(Industry)Financial services-multinational banks -1.305
## as.factor(Industry)Financial services-regional banks 0.156
## as.factor(Industry)Financial services-thrift institutions -0.017
## as.factor(Industry)Food distributors-food wholesalers -0.065
## as.factor(Industry)Food distributors-restaurant chains 0.329
## as.factor(Industry)Food distributors-supermarketsconvenience 0.242
## as.factor(Industry)Fooddrink tobacco-food processors -0.745
## as.factor(Industry)Fooddrinktobacco-beverages 0.840
## as.factor(Industry)Fooddrinktobacco-food processors 0.095
## as.factor(Industry)Fooddrinktobacco-tobacco 0.107
## as.factor(Industry)Health-biotechnology 0.256
## as.factor(Industry)Health-drugs 0.804
## as.factor(Industry)Health-health care services 0.142
## as.factor(Industry)Health-medical supplies 0.666
## as.factor(Industry)Insurance-diversified 0.037
## as.factor(Industry)Insurance-lifehealth 3.290
## as.factor(Industry)Insurance-propertycasualty -0.039
## as.factor(Industry)Retailing-apparel 0.226
## as.factor(Industry)Retailing-consumer electronics -0.841
## as.factor(Industry)Retailing-department stores -0.163
## as.factor(Industry)Retailing-drugdiscount -0.188
## as.factor(Industry)Retailing-home improvement 1.036
## as.factor(Industry)Retailing-home shopping 0.177
## as.factor(Industry)Retailing-specialty retailers 0.317
## Compfor5Yrs 0.788
## Sales 0.367
## StockOwned -1.087
## UGDate -2.011
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs -0.389
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs -1.536
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs -0.813
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs 0.186
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs 2.250
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs -1.076
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs -0.433
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs -0.919
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs 0.427
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs -0.020
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs -0.671
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs -0.225
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs -0.547
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs -0.980
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs 0.800
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs 0.149
## as.factor(Industry)Electric utilities-western:Compfor5Yrs -0.603
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs 0.115
## as.factor(Industry)Energy-international oils:Compfor5Yrs -0.424
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs 0.562
## as.factor(Industry)Energy-other energy:Compfor5Yrs -0.225
## as.factor(Industry)Energy-other gas:Compfor5Yrs -0.680
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs -0.568
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs -1.176
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs 1.544
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs -1.226
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs 2.254
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs -0.818
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs -0.326
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs -0.278
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs -0.469
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs -0.548
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs -0.893
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs -0.781
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs 0.375
## as.factor(Industry)Health-biotechnology:Compfor5Yrs -0.713
## as.factor(Industry)Health-drugs:Compfor5Yrs -0.970
## as.factor(Industry)Health-health care services:Compfor5Yrs 0.163
## as.factor(Industry)Health-medical supplies:Compfor5Yrs -0.906
## as.factor(Industry)Insurance-diversified:Compfor5Yrs -0.397
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs -3.889
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs -0.478
## as.factor(Industry)Retailing-apparel:Compfor5Yrs -0.120
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs 0.830
## as.factor(Industry)Retailing-department stores:Compfor5Yrs 0.153
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs 0.059
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs -1.675
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs -0.368
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs -1.414
## as.factor(Industry)Computerscommunications-peripherals:Sales -0.399
## as.factor(Industry)Computerscommunications-software:Sales -1.155
## as.factor(Industry)Computerscommunications-telecommun:Sales -0.074
## as.factor(Industry)Consumer durables-appliances:Sales 0.195
## as.factor(Industry)Consumer durables-automobilestrucks:Sales 2.149
## as.factor(Industry)Consumer durables-automotive parts:Sales -0.237
## as.factor(Industry)Consumer durables-home furnishings:Sales -0.495
## as.factor(Industry)Consumer durables-recreation equipment:Sales 0.618
## as.factor(Industry)Consumer nondurables-personal products:Sales 0.379
## as.factor(Industry)Consumer nondurables-photographytoys:Sales 0.000
## as.factor(Industry)Consumer nondurables-textiles:Sales 0.060
## as.factor(Industry)Consumer nondurables-textilesapparel:Sales -0.191
## as.factor(Industry)Electric utilities-north central:Sales 0.053
## as.factor(Industry)Electric utilities-northeast:Sales -0.200
## as.factor(Industry)Electric utilities-south central:Sales 0.161
## as.factor(Industry)Electric utilities-southeast:Sales -0.107
## as.factor(Industry)Electric utilities-western:Sales -0.327
## as.factor(Industry)Energy-integrated gas:Sales 0.176
## as.factor(Industry)Energy-international oils:Sales -0.476
## as.factor(Industry)Energy-oilfield services:Sales 0.553
## as.factor(Industry)Energy-other energy:Sales -0.496
## as.factor(Industry)Energy-other gas:Sales -0.591
## as.factor(Industry)Entertainmentinformation-broadcasting:Sales 0.153
## as.factor(Industry)Entertainmentinformation-publishing:Sales -0.539
## as.factor(Industry)Financial services-brokerage:Sales -1.118
## as.factor(Industry)Financial services-leasefinance:Sales -0.337
## as.factor(Industry)Financial services-multinational banks:Sales 0.184
## as.factor(Industry)Financial services-regional banks:Sales 0.703
## as.factor(Industry)Financial services-thrift institutions:Sales 0.246
## as.factor(Industry)Food distributors-food wholesalers:Sales -0.164
## as.factor(Industry)Food distributors-restaurant chains:Sales -0.379
## as.factor(Industry)Food distributors-supermarketsconvenience:Sales -0.292
## as.factor(Industry)Fooddrink tobacco-food processors:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Sales -0.471
## as.factor(Industry)Fooddrinktobacco-food processors:Sales 0.151
## as.factor(Industry)Fooddrinktobacco-tobacco:Sales -0.110
## as.factor(Industry)Health-biotechnology:Sales -0.403
## as.factor(Industry)Health-drugs:Sales -0.581
## as.factor(Industry)Health-health care services:Sales -0.224
## as.factor(Industry)Health-medical supplies:Sales -0.322
## as.factor(Industry)Insurance-diversified:Sales -0.279
## as.factor(Industry)Insurance-lifehealth:Sales -4.556
## as.factor(Industry)Insurance-propertycasualty:Sales 0.359
## as.factor(Industry)Retailing-apparel:Sales -0.090
## as.factor(Industry)Retailing-consumer electronics:Sales 0.845
## as.factor(Industry)Retailing-department stores:Sales 0.126
## as.factor(Industry)Retailing-drugdiscount:Sales -0.172
## as.factor(Industry)Retailing-home improvement:Sales -0.788
## as.factor(Industry)Retailing-home shopping:Sales -0.039
## as.factor(Industry)Retailing-specialty retailers:Sales -1.174
## Compfor5Yrs:Sales -0.274
## Compfor5Yrs:StockOwned 4.572
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs:Sales 0.540
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs:Sales 2.929
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs:Sales 0.164
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs:Sales -0.054
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs:Sales -2.158
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs:Sales 0.548
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs:Sales 0.503
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs:Sales -0.152
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs:Sales 0.006
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs:Sales -0.093
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs:Sales -0.016
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs:Sales 0.295
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs:Sales -0.592
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs:Sales 0.019
## as.factor(Industry)Electric utilities-western:Compfor5Yrs:Sales 0.241
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs:Sales -0.248
## as.factor(Industry)Energy-international oils:Compfor5Yrs:Sales 0.465
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs:Sales -0.548
## as.factor(Industry)Energy-other energy:Compfor5Yrs:Sales 0.405
## as.factor(Industry)Energy-other gas:Compfor5Yrs:Sales 0.547
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs:Sales 0.478
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs:Sales 0.953
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs:Sales 0.530
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs:Sales 0.549
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs:Sales -0.143
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs:Sales 0.148
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs:Sales -0.150
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs:Sales 0.326
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs:Sales 0.396
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs:Sales 0.260
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs:Sales 0.488
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs:Sales 0.234
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs:Sales -0.010
## as.factor(Industry)Health-biotechnology:Compfor5Yrs:Sales 0.678
## as.factor(Industry)Health-drugs:Compfor5Yrs:Sales 0.614
## as.factor(Industry)Health-health care services:Compfor5Yrs:Sales -0.130
## as.factor(Industry)Health-medical supplies:Compfor5Yrs:Sales 0.362
## as.factor(Industry)Insurance-diversified:Compfor5Yrs:Sales 0.364
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs:Sales 5.573
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs:Sales 0.205
## as.factor(Industry)Retailing-apparel:Compfor5Yrs:Sales 0.055
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs:Sales -0.832
## as.factor(Industry)Retailing-department stores:Compfor5Yrs:Sales -0.071
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs:Sales 0.125
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs:Sales 1.350
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs:Sales NA
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs:Sales 1.371
## Pr(>|t|)
## (Intercept) 0.166517
## as.factor(Industry)Computerscommunications-peripherals 0.836259
## as.factor(Industry)Computerscommunications-software 0.319731
## as.factor(Industry)Computerscommunications-telecommun 0.581936
## as.factor(Industry)Consumer durables-appliances 0.850517
## as.factor(Industry)Consumer durables-automobilestrucks 0.029994
## as.factor(Industry)Consumer durables-automotive parts 0.473893
## as.factor(Industry)Consumer durables-home furnishings 0.679945
## as.factor(Industry)Consumer durables-recreation equipment 0.950340
## as.factor(Industry)Consumer nondurables-personal products 0.540834
## as.factor(Industry)Consumer nondurables-photographytoys 0.976940
## as.factor(Industry)Consumer nondurables-textiles 0.749778
## as.factor(Industry)Consumer nondurables-textilesapparel 0.671017
## as.factor(Industry)Electric utilities-north central 0.914116
## as.factor(Industry)Electric utilities-northeast 0.665001
## as.factor(Industry)Electric utilities-south central 0.580995
## as.factor(Industry)Electric utilities-southeast 0.860597
## as.factor(Industry)Electric utilities-western 0.675056
## as.factor(Industry)Energy-integrated gas 0.918671
## as.factor(Industry)Energy-international oils 0.664910
## as.factor(Industry)Energy-oilfield services 0.573964
## as.factor(Industry)Energy-other energy 0.599588
## as.factor(Industry)Energy-other gas 0.491086
## as.factor(Industry)Entertainmentinformation-broadcasting 0.933259
## as.factor(Industry)Entertainmentinformation-publishing 0.378376
## as.factor(Industry)Financial services-brokerage 0.245168
## as.factor(Industry)Financial services-leasefinance 0.214336
## as.factor(Industry)Financial services-multinational banks 0.192718
## as.factor(Industry)Financial services-regional banks 0.876407
## as.factor(Industry)Financial services-thrift institutions 0.986425
## as.factor(Industry)Food distributors-food wholesalers 0.948335
## as.factor(Industry)Food distributors-restaurant chains 0.742426
## as.factor(Industry)Food distributors-supermarketsconvenience 0.808657
## as.factor(Industry)Fooddrink tobacco-food processors 0.456755
## as.factor(Industry)Fooddrinktobacco-beverages 0.401314
## as.factor(Industry)Fooddrinktobacco-food processors 0.924711
## as.factor(Industry)Fooddrinktobacco-tobacco 0.914720
## as.factor(Industry)Health-biotechnology 0.798010
## as.factor(Industry)Health-drugs 0.421968
## as.factor(Industry)Health-health care services 0.886887
## as.factor(Industry)Health-medical supplies 0.505705
## as.factor(Industry)Insurance-diversified 0.970586
## as.factor(Industry)Insurance-lifehealth 0.001085
## as.factor(Industry)Insurance-propertycasualty 0.969203
## as.factor(Industry)Retailing-apparel 0.821549
## as.factor(Industry)Retailing-consumer electronics 0.400943
## as.factor(Industry)Retailing-department stores 0.870438
## as.factor(Industry)Retailing-drugdiscount 0.851093
## as.factor(Industry)Retailing-home improvement 0.300978
## as.factor(Industry)Retailing-home shopping 0.859327
## as.factor(Industry)Retailing-specialty retailers 0.751182
## Compfor5Yrs 0.430946
## Sales 0.713559
## StockOwned 0.277834
## UGDate 0.044934
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs 0.697755
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs 0.125263
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs 0.416653
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs 0.852195
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs 0.024940
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs 0.282455
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs 0.665331
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs 0.358387
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs 0.669262
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs 0.983722
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs 0.502495
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs 0.822146
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs 0.584342
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs 0.327519
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs 0.423949
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs 0.881701
## as.factor(Industry)Electric utilities-western:Compfor5Yrs 0.546972
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs 0.908456
## as.factor(Industry)Energy-international oils:Compfor5Yrs 0.671655
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs 0.574394
## as.factor(Industry)Energy-other energy:Compfor5Yrs 0.821843
## as.factor(Industry)Energy-other gas:Compfor5Yrs 0.497066
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs 0.570020
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs 0.240333
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs 0.123427
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs 0.220769
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs 0.024688
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs 0.413751
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs 0.744488
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs 0.781162
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs 0.639623
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs 0.584247
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs 0.372308
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs 0.435065
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs 0.708069
## as.factor(Industry)Health-biotechnology:Compfor5Yrs 0.476528
## as.factor(Industry)Health-drugs:Compfor5Yrs 0.332760
## as.factor(Industry)Health-health care services:Compfor5Yrs 0.870492
## as.factor(Industry)Health-medical supplies:Compfor5Yrs 0.365690
## as.factor(Industry)Insurance-diversified:Compfor5Yrs 0.691682
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs 0.000117
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs 0.633032
## as.factor(Industry)Retailing-apparel:Compfor5Yrs 0.904415
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs 0.406768
## as.factor(Industry)Retailing-department stores:Compfor5Yrs 0.878304
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs 0.953069
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs 0.094664
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs 0.712693
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs 0.158118
## as.factor(Industry)Computerscommunications-peripherals:Sales 0.690027
## as.factor(Industry)Computerscommunications-software:Sales 0.248573
## as.factor(Industry)Computerscommunications-telecommun:Sales 0.940891
## as.factor(Industry)Consumer durables-appliances:Sales 0.845406
## as.factor(Industry)Consumer durables-automobilestrucks:Sales 0.032214
## as.factor(Industry)Consumer durables-automotive parts:Sales 0.812983
## as.factor(Industry)Consumer durables-home furnishings:Sales 0.620591
## as.factor(Industry)Consumer durables-recreation equipment:Sales 0.537117
## as.factor(Industry)Consumer nondurables-personal products:Sales 0.704527
## as.factor(Industry)Consumer nondurables-photographytoys:Sales 0.999719
## as.factor(Industry)Consumer nondurables-textiles:Sales 0.952380
## as.factor(Industry)Consumer nondurables-textilesapparel:Sales 0.848718
## as.factor(Industry)Electric utilities-north central:Sales 0.957623
## as.factor(Industry)Electric utilities-northeast:Sales 0.841607
## as.factor(Industry)Electric utilities-south central:Sales 0.872462
## as.factor(Industry)Electric utilities-southeast:Sales 0.914832
## as.factor(Industry)Electric utilities-western:Sales 0.744073
## as.factor(Industry)Energy-integrated gas:Sales 0.860650
## as.factor(Industry)Energy-international oils:Sales 0.634321
## as.factor(Industry)Energy-oilfield services:Sales 0.580851
## as.factor(Industry)Energy-other energy:Sales 0.620211
## as.factor(Industry)Energy-other gas:Sales 0.554977
## as.factor(Industry)Entertainmentinformation-broadcasting:Sales 0.878730
## as.factor(Industry)Entertainmentinformation-publishing:Sales 0.590013
## as.factor(Industry)Financial services-brokerage:Sales 0.264274
## as.factor(Industry)Financial services-leasefinance:Sales 0.736305
## as.factor(Industry)Financial services-multinational banks:Sales 0.854406
## as.factor(Industry)Financial services-regional banks:Sales 0.482517
## as.factor(Industry)Financial services-thrift institutions:Sales 0.805633
## as.factor(Industry)Food distributors-food wholesalers:Sales 0.870161
## as.factor(Industry)Food distributors-restaurant chains:Sales 0.704601
## as.factor(Industry)Food distributors-supermarketsconvenience:Sales 0.770214
## as.factor(Industry)Fooddrink tobacco-food processors:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Sales 0.638098
## as.factor(Industry)Fooddrinktobacco-food processors:Sales 0.880041
## as.factor(Industry)Fooddrinktobacco-tobacco:Sales 0.912148
## as.factor(Industry)Health-biotechnology:Sales 0.686905
## as.factor(Industry)Health-drugs:Sales 0.561269
## as.factor(Industry)Health-health care services:Sales 0.823170
## as.factor(Industry)Health-medical supplies:Sales 0.747471
## as.factor(Industry)Insurance-diversified:Sales 0.780017
## as.factor(Industry)Insurance-lifehealth:Sales 6.79e-06
## as.factor(Industry)Insurance-propertycasualty:Sales 0.719641
## as.factor(Industry)Retailing-apparel:Sales 0.928582
## as.factor(Industry)Retailing-consumer electronics:Sales 0.398489
## as.factor(Industry)Retailing-department stores:Sales 0.900028
## as.factor(Industry)Retailing-drugdiscount:Sales 0.863616
## as.factor(Industry)Retailing-home improvement:Sales 0.431133
## as.factor(Industry)Retailing-home shopping:Sales 0.968662
## as.factor(Industry)Retailing-specialty retailers:Sales 0.240982
## Compfor5Yrs:Sales 0.784426
## Compfor5Yrs:StockOwned 6.33e-06
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs:Sales 0.589686
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs:Sales 0.003577
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs:Sales 0.870178
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs:Sales 0.956877
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs:Sales 0.031505
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs:Sales 0.583759
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs:Sales 0.614944
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs:Sales 0.879489
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs:Sales 0.994880
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs:Sales NA
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs:Sales 0.926305
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs:Sales 0.987566
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs:Sales 0.767848
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs:Sales 0.554003
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs:Sales 0.984822
## as.factor(Industry)Electric utilities-western:Compfor5Yrs:Sales 0.809779
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs:Sales 0.804190
## as.factor(Industry)Energy-international oils:Compfor5Yrs:Sales 0.642306
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs:Sales 0.584059
## as.factor(Industry)Energy-other energy:Compfor5Yrs:Sales 0.686022
## as.factor(Industry)Energy-other gas:Compfor5Yrs:Sales 0.584698
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs:Sales 0.632890
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs:Sales 0.341377
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs:Sales 0.596299
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs:Sales 0.583030
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs:Sales 0.886732
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs:Sales 0.882469
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs:Sales 0.880748
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs:Sales 0.744456
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs:Sales 0.692504
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs:Sales 0.794788
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs:Sales NA
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs:Sales 0.625719
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs:Sales 0.815201
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs:Sales 0.991802
## as.factor(Industry)Health-biotechnology:Compfor5Yrs:Sales 0.498383
## as.factor(Industry)Health-drugs:Compfor5Yrs:Sales 0.539536
## as.factor(Industry)Health-health care services:Compfor5Yrs:Sales 0.896453
## as.factor(Industry)Health-medical supplies:Compfor5Yrs:Sales 0.717747
## as.factor(Industry)Insurance-diversified:Compfor5Yrs:Sales 0.716340
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs:Sales 4.43e-08
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs:Sales 0.837934
## as.factor(Industry)Retailing-apparel:Compfor5Yrs:Sales 0.956114
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs:Sales 0.405980
## as.factor(Industry)Retailing-department stores:Compfor5Yrs:Sales 0.943329
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs:Sales 0.900706
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs:Sales 0.177601
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs:Sales NA
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs:Sales 0.171211
##
## (Intercept)
## as.factor(Industry)Computerscommunications-peripherals
## as.factor(Industry)Computerscommunications-software
## as.factor(Industry)Computerscommunications-telecommun
## as.factor(Industry)Consumer durables-appliances
## as.factor(Industry)Consumer durables-automobilestrucks *
## as.factor(Industry)Consumer durables-automotive parts
## as.factor(Industry)Consumer durables-home furnishings
## as.factor(Industry)Consumer durables-recreation equipment
## as.factor(Industry)Consumer nondurables-personal products
## as.factor(Industry)Consumer nondurables-photographytoys
## as.factor(Industry)Consumer nondurables-textiles
## as.factor(Industry)Consumer nondurables-textilesapparel
## as.factor(Industry)Electric utilities-north central
## as.factor(Industry)Electric utilities-northeast
## as.factor(Industry)Electric utilities-south central
## as.factor(Industry)Electric utilities-southeast
## as.factor(Industry)Electric utilities-western
## as.factor(Industry)Energy-integrated gas
## as.factor(Industry)Energy-international oils
## as.factor(Industry)Energy-oilfield services
## as.factor(Industry)Energy-other energy
## as.factor(Industry)Energy-other gas
## as.factor(Industry)Entertainmentinformation-broadcasting
## as.factor(Industry)Entertainmentinformation-publishing
## as.factor(Industry)Financial services-brokerage
## as.factor(Industry)Financial services-leasefinance
## as.factor(Industry)Financial services-multinational banks
## as.factor(Industry)Financial services-regional banks
## as.factor(Industry)Financial services-thrift institutions
## as.factor(Industry)Food distributors-food wholesalers
## as.factor(Industry)Food distributors-restaurant chains
## as.factor(Industry)Food distributors-supermarketsconvenience
## as.factor(Industry)Fooddrink tobacco-food processors
## as.factor(Industry)Fooddrinktobacco-beverages
## as.factor(Industry)Fooddrinktobacco-food processors
## as.factor(Industry)Fooddrinktobacco-tobacco
## as.factor(Industry)Health-biotechnology
## as.factor(Industry)Health-drugs
## as.factor(Industry)Health-health care services
## as.factor(Industry)Health-medical supplies
## as.factor(Industry)Insurance-diversified
## as.factor(Industry)Insurance-lifehealth **
## as.factor(Industry)Insurance-propertycasualty
## as.factor(Industry)Retailing-apparel
## as.factor(Industry)Retailing-consumer electronics
## as.factor(Industry)Retailing-department stores
## as.factor(Industry)Retailing-drugdiscount
## as.factor(Industry)Retailing-home improvement
## as.factor(Industry)Retailing-home shopping
## as.factor(Industry)Retailing-specialty retailers
## Compfor5Yrs
## Sales
## StockOwned
## UGDate *
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs *
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs
## as.factor(Industry)Electric utilities-western:Compfor5Yrs
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs
## as.factor(Industry)Energy-international oils:Compfor5Yrs
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs
## as.factor(Industry)Energy-other energy:Compfor5Yrs
## as.factor(Industry)Energy-other gas:Compfor5Yrs
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs *
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs
## as.factor(Industry)Health-biotechnology:Compfor5Yrs
## as.factor(Industry)Health-drugs:Compfor5Yrs
## as.factor(Industry)Health-health care services:Compfor5Yrs
## as.factor(Industry)Health-medical supplies:Compfor5Yrs
## as.factor(Industry)Insurance-diversified:Compfor5Yrs
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs ***
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs
## as.factor(Industry)Retailing-apparel:Compfor5Yrs
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs
## as.factor(Industry)Retailing-department stores:Compfor5Yrs
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs .
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs
## as.factor(Industry)Computerscommunications-peripherals:Sales
## as.factor(Industry)Computerscommunications-software:Sales
## as.factor(Industry)Computerscommunications-telecommun:Sales
## as.factor(Industry)Consumer durables-appliances:Sales
## as.factor(Industry)Consumer durables-automobilestrucks:Sales *
## as.factor(Industry)Consumer durables-automotive parts:Sales
## as.factor(Industry)Consumer durables-home furnishings:Sales
## as.factor(Industry)Consumer durables-recreation equipment:Sales
## as.factor(Industry)Consumer nondurables-personal products:Sales
## as.factor(Industry)Consumer nondurables-photographytoys:Sales
## as.factor(Industry)Consumer nondurables-textiles:Sales
## as.factor(Industry)Consumer nondurables-textilesapparel:Sales
## as.factor(Industry)Electric utilities-north central:Sales
## as.factor(Industry)Electric utilities-northeast:Sales
## as.factor(Industry)Electric utilities-south central:Sales
## as.factor(Industry)Electric utilities-southeast:Sales
## as.factor(Industry)Electric utilities-western:Sales
## as.factor(Industry)Energy-integrated gas:Sales
## as.factor(Industry)Energy-international oils:Sales
## as.factor(Industry)Energy-oilfield services:Sales
## as.factor(Industry)Energy-other energy:Sales
## as.factor(Industry)Energy-other gas:Sales
## as.factor(Industry)Entertainmentinformation-broadcasting:Sales
## as.factor(Industry)Entertainmentinformation-publishing:Sales
## as.factor(Industry)Financial services-brokerage:Sales
## as.factor(Industry)Financial services-leasefinance:Sales
## as.factor(Industry)Financial services-multinational banks:Sales
## as.factor(Industry)Financial services-regional banks:Sales
## as.factor(Industry)Financial services-thrift institutions:Sales
## as.factor(Industry)Food distributors-food wholesalers:Sales
## as.factor(Industry)Food distributors-restaurant chains:Sales
## as.factor(Industry)Food distributors-supermarketsconvenience:Sales
## as.factor(Industry)Fooddrink tobacco-food processors:Sales
## as.factor(Industry)Fooddrinktobacco-beverages:Sales
## as.factor(Industry)Fooddrinktobacco-food processors:Sales
## as.factor(Industry)Fooddrinktobacco-tobacco:Sales
## as.factor(Industry)Health-biotechnology:Sales
## as.factor(Industry)Health-drugs:Sales
## as.factor(Industry)Health-health care services:Sales
## as.factor(Industry)Health-medical supplies:Sales
## as.factor(Industry)Insurance-diversified:Sales
## as.factor(Industry)Insurance-lifehealth:Sales ***
## as.factor(Industry)Insurance-propertycasualty:Sales
## as.factor(Industry)Retailing-apparel:Sales
## as.factor(Industry)Retailing-consumer electronics:Sales
## as.factor(Industry)Retailing-department stores:Sales
## as.factor(Industry)Retailing-drugdiscount:Sales
## as.factor(Industry)Retailing-home improvement:Sales
## as.factor(Industry)Retailing-home shopping:Sales
## as.factor(Industry)Retailing-specialty retailers:Sales
## Compfor5Yrs:Sales
## Compfor5Yrs:StockOwned ***
## as.factor(Industry)Computerscommunications-peripherals:Compfor5Yrs:Sales
## as.factor(Industry)Computerscommunications-software:Compfor5Yrs:Sales **
## as.factor(Industry)Computerscommunications-telecommun:Compfor5Yrs:Sales
## as.factor(Industry)Consumer durables-appliances:Compfor5Yrs:Sales
## as.factor(Industry)Consumer durables-automobilestrucks:Compfor5Yrs:Sales *
## as.factor(Industry)Consumer durables-automotive parts:Compfor5Yrs:Sales
## as.factor(Industry)Consumer durables-home furnishings:Compfor5Yrs:Sales
## as.factor(Industry)Consumer durables-recreation equipment:Compfor5Yrs:Sales
## as.factor(Industry)Consumer nondurables-personal products:Compfor5Yrs:Sales
## as.factor(Industry)Consumer nondurables-photographytoys:Compfor5Yrs:Sales
## as.factor(Industry)Consumer nondurables-textiles:Compfor5Yrs:Sales
## as.factor(Industry)Consumer nondurables-textilesapparel:Compfor5Yrs:Sales
## as.factor(Industry)Electric utilities-north central:Compfor5Yrs:Sales
## as.factor(Industry)Electric utilities-northeast:Compfor5Yrs:Sales
## as.factor(Industry)Electric utilities-south central:Compfor5Yrs:Sales
## as.factor(Industry)Electric utilities-southeast:Compfor5Yrs:Sales
## as.factor(Industry)Electric utilities-western:Compfor5Yrs:Sales
## as.factor(Industry)Energy-integrated gas:Compfor5Yrs:Sales
## as.factor(Industry)Energy-international oils:Compfor5Yrs:Sales
## as.factor(Industry)Energy-oilfield services:Compfor5Yrs:Sales
## as.factor(Industry)Energy-other energy:Compfor5Yrs:Sales
## as.factor(Industry)Energy-other gas:Compfor5Yrs:Sales
## as.factor(Industry)Entertainmentinformation-broadcasting:Compfor5Yrs:Sales
## as.factor(Industry)Entertainmentinformation-publishing:Compfor5Yrs:Sales
## as.factor(Industry)Financial services-brokerage:Compfor5Yrs:Sales
## as.factor(Industry)Financial services-leasefinance:Compfor5Yrs:Sales
## as.factor(Industry)Financial services-multinational banks:Compfor5Yrs:Sales
## as.factor(Industry)Financial services-regional banks:Compfor5Yrs:Sales
## as.factor(Industry)Financial services-thrift institutions:Compfor5Yrs:Sales
## as.factor(Industry)Food distributors-food wholesalers:Compfor5Yrs:Sales
## as.factor(Industry)Food distributors-restaurant chains:Compfor5Yrs:Sales
## as.factor(Industry)Food distributors-supermarketsconvenience:Compfor5Yrs:Sales
## as.factor(Industry)Fooddrink tobacco-food processors:Compfor5Yrs:Sales
## as.factor(Industry)Fooddrinktobacco-beverages:Compfor5Yrs:Sales
## as.factor(Industry)Fooddrinktobacco-food processors:Compfor5Yrs:Sales
## as.factor(Industry)Fooddrinktobacco-tobacco:Compfor5Yrs:Sales
## as.factor(Industry)Health-biotechnology:Compfor5Yrs:Sales
## as.factor(Industry)Health-drugs:Compfor5Yrs:Sales
## as.factor(Industry)Health-health care services:Compfor5Yrs:Sales
## as.factor(Industry)Health-medical supplies:Compfor5Yrs:Sales
## as.factor(Industry)Insurance-diversified:Compfor5Yrs:Sales
## as.factor(Industry)Insurance-lifehealth:Compfor5Yrs:Sales ***
## as.factor(Industry)Insurance-propertycasualty:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-apparel:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-consumer electronics:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-department stores:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-drugdiscount:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-home improvement:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-home shopping:Compfor5Yrs:Sales
## as.factor(Industry)Retailing-specialty retailers:Compfor5Yrs:Sales
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
##
## Residual standard error: 554700 on 431 degrees of freedom
## Multiple R-squared: 0.7849, Adjusted R-squared: 0.6852
## F-statistic: 7.866 on 200 and 431 DF, p-value: < 2.2e-16Becuase an multivariout analysis model was used, the variables are in order of impact (i.e. Industry has the most significant impact, followed by compfor5years, etc. ) ## Question 3 and 4 Let us now take a look at the model assumptions: 
## GVIF Df GVIF^(1/(2*Df))
## as.factor(Industry) 2.644855 50 1.009774
## Compfor5Yrs 1.170827 1 1.082048
## Sales 1.793838 1 1.339342
## StockOwned 1.174076 1 1.083548
## UGDate 1.145175 1 1.070129From the residual vs fitted graph we can see that we have some potential outliers that need to be investigated, however, overall we don’t see any multicollinearity problems. If we look at the vif output we can see that there is little colinarrity for us to worry about (note that the model run for the vif only included no interaction effects). We can also see that we don’t have any real patterns accross any of the graphs so we can assume that our homoskedasticity is okay. And our plots shows that our normality is also okay. However, there are some potential outliers that should be investigated to see if they should be removed from the model.
Question 5
The variables that explain the most about the CEO compensation are (in order of impact):
- Industry (the industry that the CEO works in)
- Compfor5Yrs (the CEO’s previous compensation for the past 5 years)
- Sales (the number of sales the company had)
- StockOwned (Percent of the company stock owned by the CEO)
- UGDate (the date that the CEO graduated from their undergraduate degree)
Overall we are able to have an adjusted r sqaured of 68.52% and an MSRE of $554,700. Concidering that we haven’t included anything about how the individual companies and how they view CEO compensation, this is a fairly good model.
R handles missing values by ignoring them. For my model I made sure to fill in any missing values with either the mean of the variable or for flag variables they were treated as zero (while this is not the best way to handle these variables, it is better than letting R ignore them). For this model ignoring the missing values is going over inflate our r-squared and our predictions.
Other potential Z variables are the company itself, how each company views their CEO compensation, the overall value of a company, is the company international or strickly domestic, and gender of the CEO (while we know the gender gap is smaller than often quoted, it is still very real)