This topic contains a solution. Click here to go to the answer

Author Question: Interpret the estimated regression coefficient b3. What will be an ideal ... (Read 98 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Interpret the estimated regression coefficient b3.
 
  What will be an ideal response?

Question 2

Find the probability that a given student spends less than 15 minutes with the professor.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

For every additional person in the household we would expect the time required to prepare a tax return to take, on average, 2.15 minutes longer, with all other independent variables in the model held constant.

Answer to Question 2

P(X < 15 ) = 1 - e-(1/12 )15 = 1 - e-1.25 = 0.7135




mcabuhat

  • Sr. Member
  • ****
  • Posts: 344

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library