Analyze the Regression Below (N = 50 U

question 19

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:

Limited Partners

Investors in a partnership who are not involved in the daily operations of the business and whose liability is restricted to the amount of their investment.

Co-owners

Individuals or entities that hold ownership rights together in a property or asset, sharing the benefits as well as responsibilities.

Sole Proprietorship

A business structure where a single individual owns and operates the business, making them solely responsible for its debts and liabilities.

Dissolves

The act of officially ending the existence of an entity such as a corporation, partnership, or marriage.