Age: respondent’s age from 25 to 55 years old. Gender: 1 female, 0 male. Education level measured as years of schooling. Region: Kenya =1, Nigeria =0. As part of their work they have produced the following linear regression. How well does the model “describe/explain” the digital divide? How would you improve the model? Is the model statistically significant?
A company is keen on investing in expanding its market penetration in Africa opening an on-line shop to new potential African clients. For this reason, the company wants to understand the level of digital divide, measured by the total number of internet users in relation to total population, as a
- Age: respondent’s age from 25 to 55 years old.
- Gender: 1 female, 0 male.
- Education level measured as years of schooling.
- Region: Kenya =1, Nigeria =0.
As part of their work they have produced the following linear regression.
How well does the model “describe/explain” the digital divide? How would you improve the model? Is the model statistically significant?
Step by step
Solved in 3 steps