Question
Can you please perform a linear regression analysis. (already done below, used SAS program) What is the R 2 value from this analysis? What does
Can you please perform a linear regression analysis. (already done below, used SAS program)
What is the R2value from this analysis? What does it mean?
What is the equation for predicting income from years of education?
Using this model, ifWilliam has16yearsofeducation,whatwouldbethe approximateexpectedyearly salary?
IfJohnhas12yearsofeducation,what approximate salarywouldheexpectonaverage?
Why, "correlation does not imply causation." What does the phrase mean as it relates to this data? What other factors may need to be considered when evaluating the meaning of this relationship, and whether it can be applied universally to all environmental technicians across the U.S.? What are some limitations that should be identified when using these results?
Education (years) Income ($ ,000s) 8 31 12 42 10 37 18 75 16 65 18 80 13 49 12 45 16 61 14 52
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