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Question: how do i explain the importance of the intercept how...

Question details

How do I explain the importance of the intercept?

How do I explain the significance of 'F'?

How do I explain the p-value?

My null hypotheses is that the higher cost average annual cost will result in a higher rate of graduation and salary. Would I reject the hypotheses?

Average Annual CostGradution Ratealary After Attendin 59% School Name Brigham Young University- Idaho5 8,518.00 16,700.00 15,656.00 13,655.00 16,989.00 Clemson Univeristy 81% 52,400.00 Mississippi State Univeris San Francsico State University University of California-Santa Cruz 52% 78% 55% 72% 92% 84% 49,200.00 iversity of North Calolina at Greensbol S s 11,758.00 University of Oregon 15,619.00 29.997.00 12957.00 16,494.00 13,270.00 19,095.00 | 21,727.00 14,682.00 20,166.00 14,164.00 16,340.44 44,800.00 74,000.00 57,700.00 42,800.00 University of Southern California $ niversity of Washington- Seattle Campu S Grand Valley State University Metropolitan State University of Denver S University of South Carolina- Columbia S 73% 65% 75% 80% 56% 67% |$ 44,900.00 49,600.00 52,500.00 57,900.00 47,000.00 48,768.75 Montclair State University lorth Carolina State University at Raleig S Rutgers University- New Brunswick$ University of Nevada- Reno Average - $

SUMMARY OUTPUT Regression Statistics 0.721620544 0.52073621 0.447003319 3628.184216 Adjusted R Square Standard Erro Observations ANOVA df Significance F Regression Residual 185936722.8 92968361 171128369.2 13163721 357065091.9 7.06246839 0.008389479 15 Coefficients 2843.908327 2626.545057 0.357222144 Standard Errort Stat 5184.580278-0.548532 0.592622583 8369.140229 0.313837 0.758624061 0.148497029 2.405584 0.031751294 0.036413819 Lower 95% 14044.51303 15453.88314 Upper 95% 8356.69638 20706.97325 0.67803047 Lower 95% | Upper 95% 14044.51303 8356.69638 15453.88314 20706.9733 0.036413819 0.67803047 Intercept Gradution Rate Salary After Attendin RESIDUAL OUTPUT PROBABILITY OUTPUT Observation Predicted Average Annual CostResiduals dard Residuals Percentile 13959.13882 18002.03354 13092.34891 16097.22461 15958.51539 11996.52187 15050.75619 26006.95182 19974.10726 14178.71919 12199.3236 15112.74385 16581.56433 17880.16305 19940.48988 15416.39769 5441.1388251.610922 1302.033539 -0.385484 2563.651086 0.759003 2442.22461 -0.723053 1030.484608 0.305089 238.5218715 -0.070618 568.2438143 0.168236 3990.048185 1.181307 7017.1072562.077508 2315.280807 0.68547 1070.676405 0.316988 3982.256149 5145.435675 1.523375 3198.16305 -0.946859 225.5101174 0.066765 1252.397694 -0.370789 Average Annual Cost 8518 11758 12957 13270 13655 14164 14682 15619 15656 16494 16700 16989 19095 21.875 28.125 34.375 46.875 53.125 59.375 12 71.875 78.125 84.375 15 21727 29997 96.875

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