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Present the regression output below noting the coefficients, assessing the adequacy of the model and the...

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Statistics

Present the regression output below noting the coefficients,assessing the adequacy of the model and the p-value of the modeland the coefficients individually.

SUMMARY OUTPUT
Regression Statistics
Multiple R0.2967345
RSquare0.088051364
Adjusted R Square0.08408637
Standard Error11.78856107
Observations694
ANOVA
dfSSMSFSignificance F
Regression39258.4096743086.13655822.20718679.78014E-14
Residual69095889.41876138.9701721
Total693105147.8284
CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%
Intercept34.160923651.2520146227.284764179.3282E-11231.7027081436.6191391731.7027081436.61913917
Gender-1.6781532040.901104822-1.8623285140.062981635-3.4473896150.091083208-3.4473896150.091083208
Degree Type6.2871286290.9860477716.3760892853.32555E-104.3511145518.2231427064.3511145518.223142706
Country-7.9382815721.289098801-6.1580086511.25044E-09-10.46930846-5.407254679-10.46930846-5.407254679

Answer & Explanation Solved by verified expert
4.3 Ratings (767 Votes)
First of all we test whether the Regression mode is overall significant or not Null hypothesis Ho Overall regression is not significant Alternative hypothesis H1 Overall regression is significant We consider the Significance F value from ANOVA which is the Pvalue Pvalue for the model 978014E14    See Answer
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