Analyzing a national canadian survey

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Analyzing a national Canadian survey, Katniss completed a multivariate OLS regression explaining the opinions towards the respondent's provincial premier as measured by 101 point feeling thermometer where high scores indicate warmer feelings towards the premier. Katniss found a coefficient of 7.8 for the independent variable of living in at the same address for more than ten years. The coefficient was significant at p <0.01. Katniss also found a coefficient of 2.3 for the effect of having a university degree that was significant at p<0.05. What sentence best interprets these results?

  • Living at the same address for more than ten years has a positive, statistically significant effect on opinions of the premier, but the effect of having a university degree was not significant.
  • Positive coefficients indicate that living at the same address for more than ten years and having a university education are predicted to increase opinions of the premier. The effect of both is statistically significant. 
  • Because living at the same address for more than ten years is more significant than having a university degree, Katniss concludes that living at the same address has a larger effect on opinions towards the premier.
  • Living at the same address for more than ten years, and having a university education, are both statistically significant, indicating that both predict more favorable opinions of the premier.

Reference no: EM133207713

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