Use the following SPSS output to answer the six questions beneath the output.
Regression
Variables Entered/Removed
Model
Variables Entered
Variables Removed
Method
1
AGE - Age of respondent, EDUC - Highest year of school completed
Enter
a. Dependent Variable: RINCOM16 - Respondents income
b. All requested variables entered.
Model Summary
Model
R
R Square
Adjusted R Square
Std. Error of the Estimate
1
.344a
.118
.117
5.727
a. Predictors: (Constant), AGE - Age of respondent, EDUC - Highest year of school completed
Coefficients
Model
Unstandardized Coefficients
Standardized Coefficients
t
Sig.
B
Std. Error
Beta
1
(Constant)
3.183
.826
3.852
.000
EDUC - Highest year of school completed
.637
.049
.301
12.887
.000
AGE - Age of respondent
.067
.010
.156
6.689
.000
Dependent Variable: RINCOM16 - Respondents income
Write out the ordinary least-squares regression equation.
Interpret the unstandardized partial slope coefficients.
Write out the standardized least-squares regression equation.
Interpret the standardized partial slope coefficients.
Interpret R square.
Which independent variable has the stronger effect on respondents' income? How did you determine the answer?
NOTE: RINCOM16 is measured in 26 ordinal categories (1 = under $1k per year, 26 = $170k or more per year); EDUC is measured in years of schooling completed (0-20); AGE is measured in years (18-89+).