Exam 1 bonus - SUMMARY OUTPUT Regression Statistics...

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Unformatted text preview: SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept X Variable 1 df 0.14 0.02 ­0.1 0.08 10 1 8 9 SS 0 0.06 0.06 Coefficients Standard Error ­0.37 0.16 0 0 MS 0.16 Significance F 0.7 t Stat P­value ­2.37 0.04 0.39 0.7 Lower 95% ­0.73 0 0 0.01 F Upper 95% Lower 95.0% Upper 95.0% ­0.01 ­0.73 ­0.01 0 0 0 Dustin Johnston 24­Sep­09 Percent Growth in Real Economic Development Real Per Capita Income Real Per Capita Income in Per Capita Income 1985­ State Mississippi Florida Rhode Island Alabama Texas Oklahoma Massachusetts West Virginia New Jersey Illinois 1985 $17,366.00 $25,803.00 $25,658.00 $20,305.00 $25,056.00 $23,405.00 $29,687.00 $19,129.00 $31,075.00 $27,494.00 2004 $24,379.00 $31,460.00 $34,180.00 $27,630.00 $30,697.00 $27,819.00 $42,102.00 $25,681.00 $41,636.00 $34,725.00 2004 40.4% 21.9% 33.2% 36.1% 22.5% 18.9% 41.8% 34.3% 34.0% 26.3% ID # 46841 Dr. Frank Pearson Correlation ­0.14 There is proof of convergence due to the negative pearson correlation. The states with lower real per capita income in 1985 have been slowly converging with those states with higher real per capita income in the years between 1985 and 2004. Ten States 45.0% 40.0% 35.0% 41.8% 40.4% 36.1% 34.3% 33.2% 34.0% 30.0% 26.3% 22.5% 21.9% 18.9% 25.0% Growth Rate 20.0% Column D Linear Regression for Column D 15.0% 10.0% 5.0% 0.0% $10,000.00 $20,000.00 $30,000.00 GDP 1985 $40,000.00 0.0% $10,000.00 $20,000.00 $30,000.00 GDP 1985 $40,000.00 ID # 46841 Dr. Frank Correlation vergence due to the correlation. The l per capita income slowly converging ith higher real per years between 1985 004. ...
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This note was uploaded on 06/20/2011 for the course MKT 371 taught by Professor Davis during the Spring '07 term at Sam Houston State University.

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