In the picture, there is a summary of regression analysis. Interpret the results in terms of overall model fit . Interpret the results in terms of the meaning of each estimated coefficient
In the picture, there is a summary of regression analysis. Interpret the results in terms of overall model fit . Interpret the results in terms of the meaning of each estimated coefficient
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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Question
In the picture, there is a summary of regression analysis.
Interpret the results in terms of overall model fit .
Interpret the results in terms of the meaning of each estimated coefficient.
![call:
1m(formula = lifeexpectancy - gdp + thinness1019years + hivaids +
incomecompositionofresources + percentageexpenditure + schooling +
adultmortality + bmi, data = data)
Residuals:
Median
1Q
-20.9507 -2.1990 -0.0606
Min
3Q
2.3697
22.3862
Max
Coefficients:
Estimate Std. Error t value Pr(>|t|)
5.481e+01 5.110e-01 107.254 < 2e-16 ***
(Intercept)
gdp
thinness1019years
hivaids
0.010 *
-9.929e-02 2.293e-02 -4.330 1.55e-05 ***
< 2e-16 ***
3.587e-05 1.393e-05
2.576
-4.933e-01 1.834e-02 -26.905
incomecompositionofresources 8.745e+00 6.902e-01 12.671 < 2e-16 ***
percentageexpenditure
schooling
adultmortality
bmi
1.245e-04 9.005e-05
1.383
0.167
< 2e-16 ***
< 2e-16 ***
7.316 3.44e-13 ***
9.418e-01 4.532e-02 20.781
-1.777e-02 8.769e-04 -20.268
4.099e-02 5.602e-03
Signif. codes: 0 ****
0.001 **' 0.01 *' 0.05 .' 0.1
1
Residual standard error: 4.165 on 2449 degrees of freedom
(480 observations deleted due to missingness)
Multiple R-squared: 0.8136,
F-statistic:
Adjusted R-squared: 0.813
1336 on 8 and 2449 DF, p-value: < 2.2e-16](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3a1a2a1-eba7-4b54-b7a0-176f18e662d0%2F3f5b1d21-d5c0-4e45-8c13-25ca7627aa5c%2Fh79etmc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:call:
1m(formula = lifeexpectancy - gdp + thinness1019years + hivaids +
incomecompositionofresources + percentageexpenditure + schooling +
adultmortality + bmi, data = data)
Residuals:
Median
1Q
-20.9507 -2.1990 -0.0606
Min
3Q
2.3697
22.3862
Max
Coefficients:
Estimate Std. Error t value Pr(>|t|)
5.481e+01 5.110e-01 107.254 < 2e-16 ***
(Intercept)
gdp
thinness1019years
hivaids
0.010 *
-9.929e-02 2.293e-02 -4.330 1.55e-05 ***
< 2e-16 ***
3.587e-05 1.393e-05
2.576
-4.933e-01 1.834e-02 -26.905
incomecompositionofresources 8.745e+00 6.902e-01 12.671 < 2e-16 ***
percentageexpenditure
schooling
adultmortality
bmi
1.245e-04 9.005e-05
1.383
0.167
< 2e-16 ***
< 2e-16 ***
7.316 3.44e-13 ***
9.418e-01 4.532e-02 20.781
-1.777e-02 8.769e-04 -20.268
4.099e-02 5.602e-03
Signif. codes: 0 ****
0.001 **' 0.01 *' 0.05 .' 0.1
1
Residual standard error: 4.165 on 2449 degrees of freedom
(480 observations deleted due to missingness)
Multiple R-squared: 0.8136,
F-statistic:
Adjusted R-squared: 0.813
1336 on 8 and 2449 DF, p-value: < 2.2e-16
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