Question: 15. Interpret the results and evaluate the models. Based on your analysis, what conclusions do you draw about the effects of income on democracy? Model

15. Interpret the results and evaluate the models. Based on your analysis, what conclusions do you draw about the effects of income on democracy?

Model 1

Model 2

Model 3

Observations

5,412

958

895

R2

N/A

0.734

0.741

Adjusted R2

N/A

0.685

0.692

Log Likelihood

-2,030.034

N/A

N/A

Akaike Inf. Crit

4,064.069

N/A

N/A

Residual Std. Error

N/A

0.204 (df = 807)

0.201 (df = 806)

F Statistic

N/A

14.880*** (df = 150; 807)

15.236*** (df = 151; 806)

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