Chapter 4 Regression Results

Here is the code for the two regressions:

ModelLm0=lm(Wage~., data=WageData)

ModelLmFinal=lm(Wage~.-NonWhite_Yes, data=WageData)

Here is the result for the first regression:

term estimate std.error statistic p.value
(Intercept) -3.2794868 0.7094184 -4.6227823 0.0000048
Educ 0.5630134 0.0494946 11.3752503 0.0000000
Exper 0.0262211 0.0115492 2.2703818 0.0235951
Tenure 0.1367860 0.0211980 6.4527798 0.0000000
NonWhite_Yes -0.0995114 0.4255195 -0.2338585 0.8151874
Sex_Male 1.8218327 0.2647127 6.8823018 0.0000000