Model to Predict Median Earnings in 2011 to 2012
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Question
Build a model to predict the median earnings in 2011-2012 for the 2005-2006 cohort (in 2014 USD). How well does your model fit the data? List the factors that have a significant effect on earnings. Explain, in one or two sentences for each factor, how each significant factor might have an effect on earnings. SAVE the model-predicted earnings of all the schools into a new variable (Save - Unstandardized).
Summary
This question belongs to statistics and discusses median earnings in 2011-2012 for the 2005-2006 cohort.
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