Based on the following SPSS output describe the regression model for educational attainment and amount of money given to charity based on GSS 2014.
1. Assess the significance of the overall model based on its F and p values. What is the relationship between the two variables?
2. Calculate the predicted charitable amount for a respondent with 14 years of education and for a respondent with 20 years of education.

Transcribed Image Text:

Model Summary Adjusted R Square Std. Error of the Estimate Model R R Square 1 .169 .028 .026 6108.241 a. Predictors: (Constant), educ HIGHEST YEAR OF SCHOOL COMPLETED ANOVA Sum of Squares Model df Mean Square F Sig. Regression 394689548 1 394689548 10.578 .0015 Residual 1.351E+10 362 37310613.5 Total 1.390E+10 363 a. Dependent Variable: VALGIVEN TOTAL DONATIONS PAST YEAR R AND IMMEDIATE FAMILY b. Predictors: (Constant), educ HIGHEST YEAR OF SCHOOL COMPLETED Coefficients Standardized Coefficients Beta Unstandardized Coefficients Std. Error Sig. .088 Model (Constant) -2213.620 1293.760 -1.711 educ HIGHEST YEAR OF SCHOOL COMPLETED 304.106 93.500 .169 3.252 .001 a. Dependent Variable: VALGIVEN TOTAL DONATIONS PAST YEAR R AND IMMEDIATE FAMILY