Can I read Income Analysis and Regression Results on EtoBox?

Income Analysis and Regression Results by Yogesh is a document available to read on EtoBox.

What is Income Analysis and Regression Results about?

The document contains household income, size, and expenditure data for 50 households. A linear regression model was created to predict expenditures based on income and household size. The correlation between actual and predicted expenditures is 0.908, indicating a strong positive correlation. The R-squared value is 0.826, meaning the model explains 82.6% of the variation in expenditures. Both income and household size were found to be statistically significant predictors of expenditures based on their low p

Author

Yogesh

Language

EN