Model

Model Definition

\[y_i = \beta_0 + \beta_1 x_{1,i} + \beta_2 x_{2,i} + \beta_3 x_{3,i} + \beta_4 x_{4,i} + \beta_5 x_{5,i} + \epsilon_i\]

with \(y = \text{Market Value (\$m)}\), \(x_1 = \text{year}\), \(x_2 = \text{Revenue (\$m)}\), \(x_3 = \text{Profit (\$m)}\), \(x_4 = \text{Assets (\$m)}\), \(x_5 = \text{Employees}\), and \(\epsilon_i \sim N(0, \sigma^2)\).

Model Parameters

Characteristic Beta 95% CI1
Year 918 28, 1,783
Revenue 0.22 0.13, 0.31
Profit 19 18, 19
Assets -0.08 -0.09, -0.07
Employees 0.07 0.04, 0.09
1 CI = Credible Interval

Posteriors

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