Question: First, using the WVS dataset, run a regular regression model using PCUSE as the dependent variable and SAVING as the independent variable. Then imagine you

First, using the WVS dataset, run a regular regression model using PCUSE as the dependent variable and SAVING as the independent variable. Then imagine you didn’t have the PCUSE variable and instead had only the PCUSE2CAT dichotomous variable. Run a logistic regression model using PCUSE2CAT as the dependent variable and SAVING as the independent variable. Interpret both models, paying particular attention to statistical significance. Explain why you think the outcomes of the models are so different.

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