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Linear Regression Analysis - Essay Example

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The author of the paper "Linear Regression Analysis" will begin with the statement that the total sample size was 378. The mean income is $1,485.49 which means the number of hours worked is 33.52. The correlation coefficient between the outcome and the predictor variables is 0.3…
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Linear Regression Analysis
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?Running head: Linear Regression Exercise Linear Regression Analysis College: The total sample size was 378 2) The mean incomeis $1,485.49 and mean number of hours worked is 33.52 3) The correlation coefficient between the outcome and the predictor variables is 0.3.It is statistically significant at P< 0.001 because it falls between the range of 0-1.The association is positively correlated implying that it is directly proportional. For instance, when the number of hours worked increase so does the income. The correlation between the variables was moderate and positive, r = 0.3, If r is close to 0, it implies that there is less or no relationship between the variables (Bryman and Cramer, 1990). 4) The coefficient of determination(R squared) is 0.09 it is statistically significant at P Read More
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