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Week 5 Team C Regression Analysis

# Week 5 Team C Regression Analysis - 45,000 40,000...

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y = 0.0971x + 420 R 2 = 0.5536 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 0 50,000 100,000 150,000 200,000 250,000 300,000 Pop (1000's) Unemployment (1000's) Correlation Matrix Pop (1000's) Unemployment (1000's) Pop (1000's) 1.000 Unemployment (1000's) .744 1.000 56 sample size ± .263 critical value .05 (two-tail) ± .341 critical value .01 (two-tail) Regression Analysis 0.554 r 0.744 Std. Error 5081.948 n 56 k 1 Dep. Var. Unemployment (1000's) Regression Analysis 0.554 n 56 r 0.744 k 1

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Std. Error 5081.948 Dep. Var. Unemployment (1000's) ANOVA table Source SS df MS F p-value Regression 1,729,449,838.3055 1 1,729,449,838.3055 66.96 5.00E-11 Residual 1,394,614,454.2480 54 25,826,193.5972 Total 3,124,064,292.5536 55 Regression output confidence interval variables coefficients std. error t (df=54) p-value 95% lower 95% upper Intercept 419.9978 817.3238 0.514 .6094 - 1,218.6378 2,058.6334 Pop (1000's) 0.0971 0.0119 8.183 5.00E- 11 0.0733 0.1209 Observatio n Unemployment
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Week 5 Team C Regression Analysis - 45,000 40,000...

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