Question: Looking at the simple linear regression output is it justified to use the regression model to predict murder rate based on debt? Simple linear regression
Looking at the simple linear regression output is it justified to use the regression model to predict murder rate based on debt?
Simple linear regression results: Dependent Variable: Murder Independent Variable: Debt Murder = 5.0289264 + 0.0000076711015 Debt Sample size: 18 R (correlation coefficient) = 0.03007823 R-sg = 0.00090469993 Estimate of error standard deviation: 2.3764814 Murder Legend @ Fitted line 45000 50000 55000 60000 65000 DebtStep by Step Solution
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