| Model | R Sq | Α | β | t-stat | p-value | DW |
| 1 | 0.57 | 0.396 | −0.45 | 11.08 < t > −8.24 | 0.01* | 1.54 |
| 2 | 0.55 | 0.347 | −0.31 | 8.52 < t > −5.23 | 0.00* | 0.96 |
| 3 | 0.42 | 0.579 | −0.19 | 12.67 < t > −9 | 0.03* | 1.18 |
| 4 | 0.62 | 0.514 | −0.52 | 18.75 < t > −14.26 | 0.02* | 1.67 |