Analyze the Regression Below (N = 50 U

question 36

Essay

Analyze the regression below (n = 50 U.S. states) using the concepts you have learned about multiple regression. Circle things of interest and write comments in the margin. Make a prediction for Poverty for a state with Dropout = 15, TeenMom = 12, Unem = 4, and Age65% = 12 (show your work). The variables are Poverty = percentage below the poverty level; Dropout = percentage of adult population that did not finish high school; TeenMom = percentage of total births by teenage mothers; Unem = unemployment rate, civilian labor force; and Age65% = percentage of population aged 65 and over.

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Definitions:

Surprise Deals

Special offers or discounts that are unexpected or not previously announced, often used as a marketing strategy to attract customers.

Regional Shopping Center

A large retail complex that serves a wide area and typically includes a variety of stores and services.

Anchor Stores

Large stores, usually department stores or chains, that serve to attract customers to a shopping mall or area because of their extensive product selections and brand recognition.

Retail Cluster

A grouping of similar types of retail outlets or stores located in proximity to each other designed to provide a varied shopping experience for consumers.