The model explains 52.8% of the variance of economic growth in the EU new member states (1997-2011) by the influence of several educational variables. The F-statistic value indicates that the regression has the explanatory power for the phenomenon studied. In practice, it is considered that if the DW-statistic is close to 2, this indicates no autocorrelation of residuals (Cassin, 2009). In the specific case of the regression performed, DW-statistic is 2.04,
which recommends the model as valid.