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Lets analyze the results from our simple estimation, which includes only

one explanatory variable (income) and an intercept.

Following are the results of regression equation.

The Equation box has three main parts, which we will discuss in turn:

1)

The top panel summarizes the input for the regression.

2)

The middle panel summarizes information about regression coefficients.

3)

The bottom panel provides summary statistics about the entire regression.

The top panel provides information about regression inputs.

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The middle panel provides information about the estimated coefficients

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