Question
A researcher interested in examining how a state's percentage of people who have a bachelor's degree or more is related to it's median earnings, and
A researcher interested in examining how a state's percentage of people who have a bachelor's degree or more is related to it's median earnings, and have regression results shown below.Interpret the results from the above table by answer the following questions.
(1) What is the relationship between a state's percentage of people who have a bachelor's degree or more and it's median earnings? In your answer, refer to in the slope and intercept from the below table.
(2)Is the relationship is statistically significant?
(3) Conclude how a state's percentage of people who have a bachelor's degree or more is related to it's median earnings.
Coefficients Standardized Unstandardized Coefficients Coefficients Model B Std. Error Beta Sig (Constant) 24901.890 2442.510 10.195 000 Percent of Population With a Bachelors Degree 739.227 87.520 .770 8.446 000 or More: 2008 a. Dependent Variable: Median Earnings of Male Full-Time Workers: 2008Step by Step Solution
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