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Perform a simple linear regressionwith dependent variable (cost) and independent variable (age). cost age 13316 83 14043 72 17354 64 15338 81 14510 77 14703

  • Perform a simple linear regressionwith dependent variable (cost) and independent variable (age).
cost age
13316 83
14043 72
17354 64
15338 81
14510 77
14703 81
17422 64
16958 69
12873 82
12185 68
10096 64
13787 71
29478 73
15900 74
16030 67
16037 78
11163 72
15974 78
15055 75
18636 84
9063 61
18247 65
14216 72
14881 75
17133 80
13668 82
15142 76
10834 66
10321 70
13906 81
18759 77
12974 69
17186 81
17262 63
17030 76
15655 68
16662 79
10036 62
16471 69
16269 79
17714 65
15179 68
29408 90
16060 63
15980 78
12265 68
14254 80
15594 74
13452 73
12095 67
14817 75
18176 68
14847 69
14624 74
18471 83
13785 83
13380 70
14227 73
13824 73
11915 81
18384 62
16575 79
15453 64
13527 63
16285 64
15307 76
14514 75
12579 68
14772 74
15122 63
15473 75
15719 82
15123 76
16091 78
14874 67
14679 74
13380 74
17630 82
16704 80
13428 70
12101 83
13571 71
13117 70
12183 77
14181 82
15484 76
14478 74
16057 78
15577 63
14588 74
16739 80
15358 82
13913 65
14125 84
12880 69
15720 63
16391 77
15230 82
15972 67
16008 78
15702 67
13049 87
10734 82
18683 86
18203 78
14154 61
14263 73
14163 72
12866 69
12349 68
14472 73
11520 66
14927 75
12136 67
13981 70
11401 73
12852 69
13749 71
13861 67
14603 74
14336 62
13335 70
14400 73
15754 77
16600 63
12758 69
14797 82
14520 74
12959 69
17617 81
12974 69
14981 75
15989 78
14886 75
11331 65
15457 77
14366 73
14083 72
14247 73
15539 82
15190 74
28764 86
10596 77
13844 71
14636 63
14887 82
14232 73
14508 62
12702 81
16195 78
13793 77
12184 67
15796 74
12607 68
13368 83
14787 76
16267 61
17924 82
12524 81
16437 79
14610 69
15227 76
15197 75
13945 72
13461 70
13588 63
14413 74
15600 77
13969 72
15903 74
13549 71
15694 77
17127 67
15257 76
16370 67
14542 62
16317 79
16846 80
14063 72
13904 71
12988 70
16284 79
15128 76
11164 66
16788 70
  • Interpret the statistical significance and effect size of the regression coefficients.
  • Discuss what the regression means in practical terms.

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