Dependent Variable: DURATIONMethod: Least SquaresDate: 09/07/15 Time: 11:13Sample: 1 607Included observations: 575

Variable Coefficient Std. Error t-Statistic Prob.  

C 45.85020 7.767711 5.902666 0.0000INCOME 0.070990 0.010662 6.657944 0.0000

R-squared 0.071807    Mean dependent var 92.06870Adjusted R-squared 0.070187    S.D. dependent var 86.67375S.E. of regression 83.57675    Akaike info criterion 11.69288Sum squared resid 4002447.    Schwarz criterion 11.70803Log likelihood -3359.703    Hannan-Quinn criter. 11.69879F-statistic 44.32822    Durbin-Watson stat 2.042672Prob(F-statistic) 0.000000

0

200

400

600

800

1,000

1,200

1,400

1,600

0 40 80 120 160 200 240 280 320

Time on the Job

INC

OM

E