How do you interpret the coefficients for the incomegrouplow and incomegroupmiddle in the photo? (please provide explanation)
How do you interpret the coefficients for the incomegrouplow and incomegroupmiddle in the photo? (please provide explanation)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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How do you interpret the coefficients for the incomegrouplow and incomegroupmiddle in the photo? (please provide explanation)

Transcribed Image Text:6:1
(Top Level) +
Console Terminal x
R R 4.1.1 ~/
Residuals:
Min
.
1Q Median
3Q
Max
-0.93396 -0.26189 -0.05778 0.23900 1.13305
Coefficients:
Background Jobs x
(Intercept)
Inypcpenn
In_gasprice
In_annualprecip
ffrents
Inpop
Inland
Estimate Std. Error t value Pr(>ltl)
2.565876 0.804007 3.191
0.685822 0.057305 11.968
-0.117126 0.071093 -1.648
-0.100838 0.040154 -2.511
0.001111
0.003603 0.308
-0.058083 0.033443 -1.737
0.071733
0.026363 2.721
incomegrouplow
0.123811
0.243314 0.509
incomegroupmiddle -0.348097 0.120393 -2.891
Signif. codes: 0 ***** 0.001 '**' 0.01 * 0.05 .' 0.1
0.00180 **
< 2e-16 ***
0.10205
0.01335 *
0.75833
0.08497
0.00747 **
0.61178
0.00455 **
1
I
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