Question: A B C D E F G H 1 SUMMARY OUTPUT 2 3 Regression Statistics 4 Multiple R 0.79280745 5 R Square 0.62854366 6 Adjusted

 A B C D E F G H 1 SUMMARY OUTPUT

A B C D E F G H 1 SUMMARY OUTPUT 2 3 Regression Statistics 4 Multiple R 0.79280745 5 R Square 0.62854366 6 Adjusted R Square 0.62710391 7 Standard Error 3155.37853 8 Observations 260 9 10 ANOVA 11 df SS MS F Significance F 12 Regression 1 4346606356 4346606356 436.563456 2.059E-57 13 Residual 258 2568754721 9956413.65 14 Total 259 6915361078 15 16 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% 17 Intercept 13154.714 693.041226 18.9811421 7.0389E-51 11789.9763 14519.4518 11789.9763 14519.4518 18 college or higher share 70660.3214 3381.83114 20.894101 2.059E-57 64000.8149 77319.828 64000.8149 77319.828 19

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 Economics Questions!