Option 1: Multiple Regression
- Using SCF's SCF2010.sav, you will run a statistical multiple regression on the total amount of financial assets held by households, FIN.
- State a multiple regression research question, omnibus null, and alternative hypotheses, with FIN as the DV and the following IVs:
- AGE.
- HHSEX.
- MARRIED.
- EDUC.
- NOWN.
- MORT1.
- SAVED.
- WAGEINC.
- Justify the assumption that you need to change any variable requiring a change in the SPSS MEASURE from discrete to scale.
- Follow the general checklist for standard multiple regression from your course text (page 191), to screen the data, conduct multiple regression and summarize your results. Be sure to include the Model Summary table, the ANOVA Table, the Coefficients Table, and the Estimated Regression Model.