# Installing required packages
if (!require("dplyr"))
install.packages("dplyr")
## Loading required package: dplyr
##
## Attaching package: 'dplyr'
## The following objects are masked from 'package:stats':
##
## filter, lag
## The following objects are masked from 'package:base':
##
## intersect, setdiff, setequal, union
if (!require("tidyverse"))
install.packages("tidyverse")
## Loading required package: tidyverse
## ── Attaching core tidyverse packages ──────────────────────── tidyverse 2.0.0 ──
## ✔ forcats 1.0.0 ✔ readr 2.1.5
## ✔ ggplot2 3.4.4 ✔ stringr 1.5.1
## ✔ lubridate 1.9.3 ✔ tibble 3.2.1
## ✔ purrr 1.0.2 ✔ tidyr 1.3.1
## ── Conflicts ────────────────────────────────────────── tidyverse_conflicts() ──
## ✖ dplyr::filter() masks stats::filter()
## ✖ dplyr::lag() masks stats::lag()
## ℹ Use the conflicted package (<http://conflicted.r-lib.org/>) to force all conflicts to become errors
library(dplyr)
library(ggplot2)
mydata <- read.csv("https://raw.githubusercontent.com/drkblake/Data/main/Educ_Income_2022.csv")
# Specify the DV and IV
mydata$DV <- mydata$PctCollege #Edit YOURDVNAME
mydata$IV <- mydata$FamIncome #Edit YOURIVNAME
# Look at the DV and IV
ggplot(mydata, aes(x = DV)) + geom_histogram(color = "black", fill = "#1f78b4")
## `stat_bin()` using `bins = 30`. Pick better value with `binwidth`.

## `stat_bin()` using `bins = 30`. Pick better value with `binwidth`.
# Creating and summarizing an initial regression model called myreg, and checking for bivariate outliers.
options(scipen = 999)
myreg <- lm(DV ~ IV,
data = mydata)
plot(mydata$IV, mydata$DV)
abline(lm(mydata$DV ~ mydata$IV))

# Creating and summarizing an initial regression model called myreg, and checking for bivariate outliers.
options(scipen = 999)
myreg <- lm(DV ~ IV,
data = mydata)
plot(mydata$IV, mydata$DV)
abline(lm(mydata$DV ~ mydata$IV))

# Real or random?
summary(myreg)
##
## Call:
## lm(formula = DV ~ IV, data = mydata)
##
## Residuals:
## Min 1Q Median 3Q Max
## -9.0510 -3.1047 -0.3815 3.1929 15.9863
##
## Coefficients:
## Estimate Std. Error t value Pr(>|t|)
## (Intercept) -17.59952875 2.52111063 -6.981 0.000000000428 ***
## IV 0.00052124 0.00003511 14.846 < 0.0000000000000002 ***
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
##
## Residual standard error: 4.672 on 93 degrees of freedom
## Multiple R-squared: 0.7032, Adjusted R-squared: 0.7001
## F-statistic: 220.4 on 1 and 93 DF, p-value: < 0.00000000000000022
# What if I see outliers?
# Check leverage values
leverage <- as.data.frame(hatvalues(myreg))
view(leverage)
# Delete an oulier by specifying its row number
mydata <- mydata[-c(931), ]