Question
My variables are : Y Variable : Starting Salary after college X1 : What's more valuable time or money X2 : College Debt after college
My variables are :
Y Variable : Starting Salary after college
X1 : What's more valuable time or money
X2 : College Debt after college
X3 : Personal fulfillment in your job after college
Structure : Intro - what is the idea underlying your model, and specially how does your X variables support them
Body - Analyze the data within the context
Conclusion - Summary/Possible changes
Intro so far : After graduating what do you expect your starting salary to be? Knowing that do you value time or money in regards to your future. Does your college debt affect your decision to find personal fulfillment in your job or are you only interested in making money and paying off your college debt?
Here's the data :
Regression Statistics | ||||||
Multiple R | 0.25 | |||||
R Square | 0.06 | |||||
Adjusted R Square | 0.02 | |||||
Standard Error | 17655.03 | |||||
Observations | 64.00 | |||||
ANOVA | ||||||
df | SS | MS | F | Significance F | ||
Regression | 3.00 | 1294984861.56 | 431661620.52 | 1.38 | 0.26 | |
Residual | 60.00 | 18702015138.44 | 311700252.31 | |||
Total | 63.00 | 19997000000.00 | ||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | |
Intercept | 80910.50 | 13193.57 | 6.13 | 0.00 | 54519.44 | 107301.56 |
Value: T/M | 2859.99 | 5346.76 | 0.53 | 0.59 | -7835.13 | 13555.10 |
Work Hrs | -63.16 | 187.82 | -0.34 | 0.74 | -438.85 | 312.52 |
Job Fulfillment | -3960.95 | 2056.50 | -1.93 | 0.06 | -8074.56 | 152.65 |
Value: T/M | Work Hrs | Job Fulfillment | |
Value: T/M | 1.0000 | ||
Work Hrs | 0.0512 | 1.0000 | |
Job Fulfillment | -0.0220 | 0.0116 | 1.0000 |
Please analyze the data thoroughly and give examples/suggestions on ways the model can be improved.
Thank you!
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