Question
The following model was one several students came up with for the estimating medal counts in the Winter Olympics. Estimate the number of medals a
The following model was one several students came up with for the estimating medal counts in the Winter Olympics. Estimate the number of medals a country with a per capita GDP of 30 thousand dollars, a population of 40 million people, and an average latitude of 40 degrees north. (Round your answer to the nearest integer.)
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) -8.307523 23.464286 -0.354 0.72639
LNpop 3.277943 0.840738 3.899 0.00068 ***
percapGDPthousands -0.212347 0.488972 -0.434 0.66797
AvgLat -0.237368 0.454069 -0.523 0.60594
percapGDPthousands:AvgLat 0.014801 0.009662 1.532 0.13863
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Residual standard error: 5.984 on 24 degrees of freedom
Multiple R-squared: 0.7088, Adjusted R-squared: 0.6603
F-statistic: 14.61 on 4 and 24 DF, p-value: 3.531e-06
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