Model Summary |
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Model |
R |
R Square |
Adjusted R Square |
Std. Error of the Estimate |
1 |
.299a |
.089 |
.088 |
11.80775 |
a. Predictors: (Constant), FIRSTT, LASTT, INCOME, AVGGIFT |
ANOVAa |
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Model |
Sum of Squares |
df |
Mean Square |
F |
Sig. |
|
1 |
Regression |
31353.012 |
4 |
7838.253 |
56.219 |
.000b |
Residual |
319139.342 |
2289 |
139.423 |
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Total |
350492.354 |
2293 |
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a. Dependent Variable: TARGET_D |
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b. Predictors: (Constant), FIRSTT, LASTT, INCOME, AVGGIFT |
Coefficientsa |
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Model |
Unstandardized Coefficients |
Standardized Coefficients |
t |
Sig. |
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B |
Std. Error |
Beta |
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1 |
(Constant) |
.165 |
1.351 |
.122 |
.903 |
|
INCOME |
.541 |
.134 |
.081 |
4.040 |
.000 |
|
AVGGIFT |
.413 |
.030 |
.289 |
13.832 |
.000 |
|
LASTT |
-.004 |
.002 |
-.042 |
-2.080 |
.038 |
|
FIRSTT |
.001 |
.000 |
.110 |
5.307 |
.000 |
|
a. Dependent Variable: TARGET_D |
Q1: Interpret the model’s R-square. Q2: Interpret the four slope coefficients. Q3: Are the four variables significant predictors of TARGET_D?
Solution:
Here Rsquare = 0.089
Which tells that total variation explained by this model is 8.9% in Target_D
Solution(b)
Slope for coefficient income is 0.541 which means as we increase income by 1 unit than target_d will increase by 0.541 units
Slope for coefficient AVGGIFT is 0.413, which means as we increase AVGGift by one unit than target_D will increase by 0.413 units.
Slope for coefficient Lastt is -0.004, which means as we increase lastt by 1 unit than target_d will decrease by 0.004 units
Slope for coefficient FIRSTT is 0.001, which means as we increase FIRSTT by one unit than target_d will increase by 0.01 unit.
Solution(c)
Here we can see that all four variables are significant predictors of TARGET_D, as all predictors p-value is less than 0.05.
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