TABLE OF CONTENTSMethod of testing and data validation.............................................................................................1Analysis of results............................................................................................................................1Discussion........................................................................................................................................5REFERENCE..................................................................................................................................6
Method of testing and data validationRegression analysis method is used to identify relationship between personal income,GDP, personal interest income and personal dividend income. Prepared model is able to makeaccurate prediction as it is verified from output charts where actual and predicted values are inline to each other. Thus, assumptions of linear regression model is fulfilled and it can be said thatmodel is perfectly prediciting relationship between dependent and independent variables. Analysis of resultsH0: There is no significent impact on personal interest income, personal dividend income andGDP on personal income.H1: There is significent impact on personal interest income, personal dividend income and GDPon personal income.SUMMARY OUTPUTRegression StatisticsMultiple R0.999838R Square0.999677Adjusted R Square0.999665Standard Error282.0257Observations89ANOVAdfSSMSFSignificance FRegression32.09E+106.97E+0987581.263.4E-148Residual85676077079538.47Total882.09E+10CoefficientsStandard Errort StatP-valueLower95%Upper95%Lower95.0%Upper95.0%1 | P a g e
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