Problem 11: (20 Pts) What is your net worth? Some of the factors include your salary, debt from student loans, cars, etc. and any assets that you may have like savings. The following data was collected on 25 graduating seniors ten years after they graduated from U of M. - Salary = salary and other income 0 Debt = amount of student loans, car loans, mortgage, credit card debt accumulated ' Savings = assets such as savings, investments, etc. ' Net worth = a person's net worth The following regression model was build including all these variables. lm(formula = networth ~ salary + debt + savings} Coefficients: Estimate Std. Error t value Pr(>|t|) (Intercept) 71080 3.192e+03 22.265 4.34e16 *** salary 0.2630 3.5868-02 7.335 3.228-07 *** debt -0.2419 4.359e-02 -5.549 1.66e-05 *** savings 0.9179 2.635e-01 3.484 0.00221 ** Signif. Codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1 Residual standard error: 1018 on 21 degrees of freedom Multiple R-squared: 0.8051, Adjusted R-squared: 0.7773 F-statistio: 28.92 on 3 and 21 DF, p-value: 1.197e-07