Analyze the Regression Below (N = 50 U

question 80

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 = percent of adult population that did not finish high school;TeenMom = percent of total births by teenage mothers;Unem = unemployment rate,civilian labor force;and Age65% = percent of population aged 65 and over.

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Definitions:

Consideration

A key element in contract law that involves something of value exchanged between parties as part of an agreement.

Consideration

a core concept in contract law that involves something of value exchanged between parties, which is necessary for a contract to be legally binding.

Payment

The transfer of money or goods from one party to another as a fulfillment of an obligation or settlement of a debt.

Ownership

The right to possess, use, and control a property or item, encompassing both tangible and intangible assets.