The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). ŷ = 30 + 0.7x1 + 3x2 Also provided are SST = 1200 and SSE = 384. The model _____. a. is significant b. is not significant c. would be significant is the sample size was larger than 30 d. None of these answers are correct.
The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). ŷ = 30 + 0.7x1 + 3x2 Also provided are SST = 1200 and SSE = 384. The model _____. a. is significant b. is not significant c. would be significant is the sample size was larger than 30 d. None of these answers are correct.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 23PFA
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The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female).
ŷ = 30 + 0.7x1 + 3x2
Also provided are SST = 1200 and SSE = 384.
The model _____.
ŷ = 30 + 0.7x1 + 3x2
Also provided are SST = 1200 and SSE = 384.
The model _____.
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