### Dependent variable using multiple regression analysis

Assignment Help Basic Statistics
##### Reference no: EM1314949

Regression equation to predict the dependent variable using multiple regression analysis:

An expert witness in a case of alleged racial discrimination in a state university school of nursing introduced a regression of the determinants of Salary of each professor for each year during an 8-year period (= 423) with the following results, with dependent variable Year (year in which the salary was observed) and predictors Year Hire(year when the individual was hired), Race (1 if individual is black, 0 otherwise), and Rank (1 if individual is an assistant professor, 0 otherwise). Interpret these results.

 Variable Coefficient t p Intercept -3,816,521 -29.4 .000 Year 1,948 29.8 .000 Year Hire -826 -5.5 .000 Race -2,093 -4.3 .000 Rank -6,438 -22.3 .000 R2 = 0.811 R2adj = 0.809 s = 3,318

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