MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Researchers often rely on surveys to capture a subjective assessment of well-being. One study finds that holding everything else constant, people seem to be least happy when they are in their 40's. Another study suggests that money does buy happiness, but its effects diminishes as income rises above $75000 a year. The accompanying data file includes survey daa of 100 working adults' self-assessed happiness on a scale of ) to 100, along with their age and annual income.

Estimate and interpret a regression model based on Age, Age 2 and income.

Predict happiness with income equal = to $80000 and age equal to 30, 45, and 60 Years

Predict happiness with Age equal = to 60  and income equal to 25,000, 75000, and 125000

 

Happiness Age Income
69 49 52000
83 47 123000
86 72 112000
73 52 166000
89 68 90000
81 37 152000
75 48 58000
56 48 50000
75 56 93000
57 51 27000
77 60 173000
83 55 173000
85 75 68000
82 69 157000
63 39 40000
70 66 107000
78 34 109000
53 61 20000
92 62 158000
78 37 116000
88 79 57000
70 51 88000
86 77 107000
85 49 145000
93 73 143000
64 42 50000
48 70 23000
69 45 27000
66 52 39000
76 72 29000
88 74 135000
81 31 132000
83 60 93000
91 73 172000
95 73 183000
87 31 137000
67 51 96000
73 51 167000
67 71 25000
84 75 101000
87 71 169000
75 48 127000
71 44 105000
85 39 146000
68 50 120000
85 32 138000
86 36 127000
95 65 155000
84 67 132000
77 34 183000
96 74 96000
63 33 32000
77 32 129000
103 79 192000
83 55 176000
80 31 195000
56 63 49000
97 79 190000
80 44 189000
63 49 73000
62 54 92000
67 76 36000
94 64 180000
83 54 131000
84 57 185000
85 74 87000
68 42 60000
73 69 57000
85 72 172000
90 75 191000
90 69 198000
89 44 173000
90 80 64000
70 73 61000
77 63 189000
75 31 41000
76 37 129000
75 57 141000
56 60 75000
79 51 164000
77 55 100000
76 57 175000
67 58 91000
82 65 129000
52 47 33000
81 34 73000
54 61 52000
64 49 74000
78 32 48000
77 56 188000
90 68 127000
89 55 171000
87 76 135000
61 61 125000
82 77 76000
58 52 72000
78 75 28000
91 79 109000
57 47 29000
79 31 105000

 

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