Homework Clinic
Social Science Clinic => Business => Topic started by: Lobcity on Jun 24, 2018
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The sampling distribution of the sample means
a. is the probability distribution showing all possible values of the sample mean.
b. is used as a point estimator of the population mean .
c. is an unbiased estimator.
d. shows the distribution of all possible values of .
Question 2
The following estimated regression equation 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). y = 30 + .7x1 + 3x2 Also provided are SST = 1200 and SSE = 384 . The yearly income (in ) expected of a 24-year-old female individual is
a. 19.80.
b. 19,800.
c. 49.80.
d. 49,800.
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Answer to Question 1
a
Answer to Question 2
d
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Thank you :)
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