Question

7. Put the equation in the form of y = a + bx, using the numbers in your output for a and b.

8. Provide a substantive interpretation for your regression coefficient.

9. Provide a substantive interpretation for your Y-intercept (constant in the output).

10. Is the effect of your predictor statistically significant? Explain

Regression Coefficients				Test That Each Coefficient = 0
	B	SE(B)	Beta		SE (Beta)	T-STATISTIC	PROBABILITY
AGE	.043	.000	.409		.004	113.626	.000
CONSTANT	.041	.018				2.256	.025

Answer 1

7:

The equation is

y' = 0.041 + 0.043* x

8:

The regression coefficient or slope is 0.043

It shows that for each unit increase in age, the dependent variable y is increased by 0.043 units.

9:

The Y intercept is 0.041

It shows that when independent variable Age is zero, then dependent variable is 0.041.

10:

The p-value of age is 0.000

Since p-value is approximately 0.000 so there is strong evidence that the effect of your predictor is statistically significant.

Answer: Yes