Does saving money lead to happiness? Does this relationship hold for all countries? Using the WVS dataset,
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Does saving money lead to happiness? Does this relationship hold for all countries? Using the WVS dataset, run a regression equation using HAPPY as the dependent variable and three independent variables: SAVING, COUNTRY2CAT, and the interaction between these two variables.
Describe your results by calculating predicted percentage happiness for four examples:
■ a Western country where no one saves
■ a Western country where 60% of the country saves
■ an East Asian country where no one saves
■ an East Asian country where 60% of the country saves.
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Related Book For
Social Statistics Managing Data Conducting Analyses Presenting Results
ISBN: 9781138228634
3rd Edition
Authors: Thomas J. Linneman
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