We’ve seen that income affects one’s score on the Technology Index: the higher your family income, the more technology you have. But are there diminishing returns? Use the PewShop dataset to...

We’ve seen that income affects one’s score on the Technology Index: the higher your family income, the more technology you have. But are there diminishing returns? Use the PewShop dataset to investigate this. Run a set of nested models: the first with the recoded income variable alone and the second with the squared income variable added. Create a table that includes both models; then create a graph and explain your results.