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Answer To The Question No: 4.14: Summary Input: Person Income Age Education Job Experience

This document contains the results of two regression analyses: 1) a linear regression to estimate income based on age alone, and 2) a multiple linear regression to estimate income based on education, job experience, and age. The regression analyses were performed on sample data containing information about 20 people, including their income, age, education level, and job experience.

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29 views2 pages

Answer To The Question No: 4.14: Summary Input: Person Income Age Education Job Experience

This document contains the results of two regression analyses: 1) a linear regression to estimate income based on age alone, and 2) a multiple linear regression to estimate income based on education, job experience, and age. The regression analyses were performed on sample data containing information about 20 people, including their income, age, education level, and job experience.

Uploaded by

tjarnob13
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Answer to the question no: 4.

14

Summary input:

Person Income Age Education Job experience


1 5 29 2 9
2 9.7 36 4 18
3 28.4 41 8 21
4 8.8 30 8 12
5 21 34 8 14
6 26.6 36 10 16
7 25.4 61 12 16
8 23.1 29 12 9
9 22.5 54 12 18
10 19.5 30 12 5
11 21.7 28 12 7
12 24.8 29 13 9
13 30.1 35 14 12
14 24.8 59 14 17
15 28.5 65 15 19
16 26 30 15 6
17 38.9 40 16 17
18 22.1 23 16 1
19 33.1 58 17 10
20 48.3 60 21 17
Regression analysis to estimate income as a linear function of age:

Regression analysis to estimate income as a linear function of education,


job experience and age:

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