Title: Below you are given information on annual income and years of college education.Income (In ...
Post by: hellchicken on Mar 5, 2023
Below you are given information on annual income and years of college education.
Income (In Thousands) | Years of College | 28 | 0 | 40 | 3 | 36 | 2 | 28 | 1 | 48 | 4 |
| a. | Develop the least squares regression equation. | | b. | Estimate the yearly income of an individual with 6 years of college education. | | c. | Compute the coefficient of determination. | | d. | Use a t test to determine whether the slope is significantly different from zero. Let α = 0.05. | | e. | At 95% confidence, perform an F test and determine whether or not the model is significant. |
Title: Re: Below you are given information on annual income and years of college education.Income (In ...
Post by: naderaide on Mar 5, 2023
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