Question: Dependent variable: Monthly Income Independent variable: Select any three other numerical variables that you think are significant. Tasks: 1. Develop your hypothesis. Examples: 2. Write
Dependent variable: Monthly Income
Independent variable: Select any three other numerical variables that you think are significant.
Tasks:
1. Develop your hypothesis.
Examples:
2. Write down the regression equation.
Example:
3. Is this a good model? Explain.
4. Test your hypothesis (is value of p higher or less than alpha?).
5. Add all the tables and summary (a small paragraph) of your findings
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