Introduction
library(readr)
minimum_wage <- read_csv(system.file("extdata", "minimum_wage.csv",
package = "lmwr"))
##
## ── Column specification ────────────────────────────────────────────────────────
## cols(
## State = col_character(),
## `Minimum Wage` = col_double(),
## `Unemployment Rate` = col_double()
## )
## State Minimum Wage Unemployment Rate
## Length:51 Min. : 0.000 Min. :2.100
## Class :character 1st Qu.: 7.250 1st Qu.:3.100
## Mode :character Median : 8.500 Median :3.500
## Mean : 8.121 Mean :3.641
## 3rd Qu.:10.100 3rd Qu.:4.100
## Max. :14.000 Max. :6.400
lm1 <- lm(`Unemployment Rate` ~ `Minimum Wage`,
data = minimum_wage)
summary(lm1)[4]
## $coefficients
## Estimate Std. Error t value Pr(>|t|)
## (Intercept) 3.49960275 0.32494078 10.7699709 1.62017e-14
## `Minimum Wage` 0.01743224 0.03733321 0.4669365 6.42615e-01