Model

Definition

\[ happiness_i = \beta_0 + \beta_1 log(gdp_i) + \beta_2 corruption_i + \\ \beta_3 life\_expectancy_i + \epsilon_i \]

Parameters

Characteristic

Beta

95% CI

1
gdplog 0.53 0.48, 0.57
corruption -1.2 -1.4, -1.0
lifeexpectancy 0.04 0.03, 0.04
1

CI = Credible Interval