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Author Question: Below you are given information on annual income and years of college education.Income (In ... (Read 532 times)

madimontg

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on: Mar 25, 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.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by madimontg on Mar 25, 2023

hiyayyay

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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madimontg

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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