Interpret a regression table
Mathematics
Conduct a regression using Democracy(p_polity2) as the dependent variable and Ethnic Fractionalization(fe_etfra) as the independent variable. Report the results in a table. The table should include the R2, the number of observations, the coefficients for the intercept and Ethnic Fractionalization, the standard error for each coefficient, the p-value for each coefficient, and the lower and upper bounds of the 95% confidence interval. See the example below:
Interpret the results. Does Ethnic Fractionalization have a positive or negative relationship with Democracy? For every unit of increase in the independent variable what is the corresponding increase/decrease in the dependent variable? Is this relationship statistically significant? What percentage of the variance is explained by Ethnic Fractionalization?
