Question: Model 1 Model 2 Model 3 Observations 5,412 958 895 R2 N/A 0.734 0.039 Adjusted R2 N/A 0.685 -0.154 Log Likelihood -2,030.034 N/A N/A Akaike

Model 1

Model 2

Model 3

Observations

5,412

958

895

R2

N/A

0.734

0.039

Adjusted R2

N/A

0.685

-0.154

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)

N/A

F Statistic

N/A

14.880*** (df = 150; 807)

15.245*** (df = 2; 744)

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

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