# Linear Regression of Wages and College Degree

If my dependent variable (Y) is wages

If my independent variable (X) is a 2-yr. degree versus a 4-yr. degree

Can you help me with a linear regression analysis if I have wages representing a 2 and 4 year degree?

Those wages being: 2 yr. degree, $11,702, $24,509, $35,185, $34,746

Wages for a 4 yr. degree, $29,997, $33,959, $22,133, $30,006, $83,443, $33,351, $31,304

If a linear regression cannot be performed with the data above, please explain what is missing.

Thank you.

https://brainmass.com/statistics/linear-regression/linear-regressionif-my-dependent-variable-y-is-wages-175693

#### Solution Preview

Linear regression is performed between two sets of data which is reported one to one, i.e., if there are n number of independent variable values ...

#### Solution Summary

This solution explains the conditions for a linear regression and the relationship between an independent and dependent variable. It also conducts a linear regression with the data on wages and college degrees including a graph, full workings and formulas in an Excel file.