A study was conducted among U.S. adults to assess concerns a…

Questions

A study wаs cоnducted аmоng U.S. аdults tо assess concerns about being able to afford out of pocket healthcare costs. The following statistical outputs present findings from a regression analysis of how concerned a person is about out of pocket healthcare costs. A scale (0 to 30, with 0=no concern to 30=extreme concern) was constructed to measure a person’s concern about out of pocket healthcare costs. The continuous, independent variables included years of education, annual income in dollars, family members needing financial support (family support needed), number of chronic health conditions, and self-reported health status (5=excellent, 4=very good, 3=good, 2=fair, 1=poor). What can you conclude about the overall significance of the regression model? Provide an interpretation of the adjusted R square for the regression model?

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