Question
It is often claimed that individuals who play the lottery are those who can least afford to do so, making the impact of the lottery
It is often claimed that individuals who play the lottery are those who can least afford to do so, making the impact of the lottery "regressive".In this context, regressive implies that lower income individuals play the lottery more than do higher income individuals.
The data for this analysis include 100 randomly chosen men from a major metropolitan area.For each individual, the following information has been recorded:
The number of times in the preceding month the individual has played a state-sponsored lottery. This is the dependent variable in the accompanying regression analysis.
The education of the individual, measured by the number of years of schooling completed.Note that 12 years of schooling completed means that the person has graduated from "high school", and 16 years of schooling completed means that the person has graduated from college.
Age in years at the person's most recent birthday.
The number of children currently living in the person's household.
The person's annual "wage and salary" income in the previous year (reported in thousands of dollars).
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