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  • S&MLRM

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    Annas Aman Ktk
    32 views8 pages
    This summary analyzes the results of a regression model with years of schooling (YoS) as the predictor variable and wage as the response variable. The regression has a multiple R of 0.95, R square of 0.91, and adjusted R square of 0.90. Years of schooling is highly significantly related to wage (p=4.96E-07). For each additional year of schooling, wage is expected to increase by 0.72 units on average, holding all other variables constant.

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    This summary analyzes the results of a regression model with years of schooling (YoS) as the predictor variable and wage as the response variable. The regression has a multiple R of 0.95, R square of 0.91, and adjusted R square of 0.90. Years of schooling is highly significantly related to wage (p=4.96E-07). For each additional year of schooling, wage is expected to increase by 0.72 units on average, holding all other variables constant.

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    32 views8 pages

    S&MLRM

    Uploaded by

    Annas Aman Ktk
    This summary analyzes the results of a regression model with years of schooling (YoS) as the predictor variable and wage as the response variable. The regression has a multiple R of 0.95, R square of 0.91, and adjusted R square of 0.90. Years of schooling is highly significantly related to wage (p=4.96E-07). For each additional year of schooling, wage is expected to increase by 0.72 units on average, holding all other variables constant.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 8

    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.9527808983
    R Square 0.9077914402
    Adjusted R Square 0.8994088439
    Standard Error 0.9387036345
    Observations 13

    ANOVA
    df SS MS F Significance F
    Regression 1 95.42551850198 95.42552 108.2948 4.958E-07
    Residual 11 9.692809647253 0.881165
    Total 12 105.1183281492

    Coefficients Standard Error t Stat P-value Lower 95%Upper 95%


    Intercept -0.0144527473 0.874623916399 -0.016525 0.987112 -1.939487 1.910582
    Years of Schooling (YoS) 0.7240967033 0.069581342761 10.40648 4.958E-07 0.570949 0.877244
    Lower 95.0%
    Upper 95.0%
    -1.939487 1.910582
    0.570949 0.877244
    Years of Schooling (YoS) Hwage No of Pers Y^ ei (Y-Y^)
    6 4.4567 3 4.33015 0.12655
    7 5.77 5 5.05425 0.71575
    8 5.9787 15 5.77835 0.20035
    9 7.3317 12 6.50245 0.82925
    10 7.3182 17 7.22655 0.09165
    11 6.5844 27 7.95065 -1.36625
    12 7.8182 18 8.67475 -0.85655
    13 7.8351 37 9.39885 -1.56375
    14 11.0223 56 10.12295 0.89935
    15 10.6738 13 10.84705 -0.17325
    16 10.8361 70 11.57115 -0.73505
    17 13.615 24 12.29525 1.31975
    18 13.531 31 13.01935 0.51165
    -0.00055
    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.9527808983
    R Square 0.9077914402
    Adjusted R Square 0.8994088439
    Standard Error 0.9387036345
    Observations 13

    ANOVA
    df SS MS F Significance F
    Regression 1 95.42552 95.42552 108.2948 4.9578849E-07
    Residual 11 9.69281 0.881165
    Total 12 105.1183

    CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%


    Intercept -0.0144527473 0.874624 -0.016525 0.987112 -1.9394870079 1.9105815134
    YoS 0.7240967033 0.069581 10.40648 4.958E-07 0.57094920046 0.8772442061
    Lower 95.0% Upper 95.0%
    -1.9394870079 1.9105815134
    0.5709492005 0.8772442061
    1597.4 2501.8 -124.36 -220.12 27374.12 48452.81
    1630.3 2560 -91.46 -161.92 14809.2 26218.09
    1711.1 2715.2 -10.66 -6.72 71.6352 45.1584
    1781.6 2834 59.84 112.08 6706.867 12561.93
    1888.4 2998.6 166.64 276.68 46105.96 76551.82
    8608.8 13609.6 95067.78 163829.8
    1721.76 2721.92
    CM GNP/Pop FLRP
    128 1870 37
    204 130 22
    202 310 16
    197 570 65
    96 2050 76
    209 200 26
    170 670 45
    240 300 29
    241 120 11
    55 290 55
    75 1180 87
    129 900 55
    24 1730 93
    165 1150 31
    94 1160 77
    96 1270 80
    148 580 30
    98 660 69
    161 420 43
    118 1080 47
    269 290 17
    189 270 35
    126 560 58
    12 4240 81
    167 240 29
    135 430 65
    107 3020 87
    72 1420 63
    128 420 49
    27 19830 63
    152 420 84
    224 530 23
    GNP/P FLRP
    GNP/P 1
    FLRP 0.234602 1
    GNP/P FLRP
    GNP/P 11598841
    FLRP 19042.03 568
    SUMMARY OUTPUT

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