Police salaries, part 3. Using the regression table in Exercise 13, answer the following questions. a) How

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Police salaries, part 3.

Using the regression table in Exercise 13, answer the following questions.

a) How was the t-ratio of 2.26 found for Police Officer Wage?

(Show what is computed using numbers from the table.)

b) How many states are used in this model. How do you know?

c) The t-ratio for Graduation Rate is negative. What does that mean?

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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