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Using a linear regression model in SAS, interpret the output in terms of strength and direction of the relationship? What is the equation for predicting
Using a linear regression model in SAS, interpret the output in terms of strength and direction of the relationship? What is the equation for predicting the income of a 27-year-old customer?
The REG Procedure Model: MODEL1 Dependent Variable: Income Income Number of Observations Read 1000 Number of Observations Used 1000 Analysis of Variance Sum of Mean Source OF Squares Square F Value Pr > F Model 1 1231121 1231121 120.27 <.0001 error corrected total root mse r-square dependent mean adj r-sq coeff var parameter estimates standard variable label of estimate t value pr> It Intercept Intercept 1 -38.08175 11.00583 -3.51 0.0005 age age 1 2.70524 0.25488 10.07 <.0001>Step by Step Solution
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