Question: 3. The output below is from an OLS regression model that estimates the relationship between U.S. cities' uniform crime rates (measured by combining rates of

 3. The output below is from an OLS regression model that

3. The output below is from an OLS regression model that estimates the relationship between U.S. cities' uniform crime rates (measured by combining rates of assaults, burglaries, murders and other violent crimes) (Y) and U.S. cities' budgets for early childhood education (X). FYI, the mean crime rate among these cities was 400 per 100,000 population. Overall Model Assessment r= -.341 R2 = . 116 Specific Model Components Constant (intercept) = 600 Slope = -2.4 (per $100,000)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!