Question
What is the absolute difference in coefficients between a customer of Asian ethnicity and Caucasian ethnicity? Round your answer to two decimal places. Call: lm(formula
What is the absolute difference in coefficients between a customer of Asian ethnicity and Caucasian ethnicity? Round your answer to two decimal places.
Call: lm(formula = Balance ~ ., data = Credit)
Residuals: Min 1Q Median 3Q Max -161.64 -77.70 -13.49 53.98 318.20
Coefficients: Estimate Std. Error t value Pr(>|t|) (Intercept) -479.20787 35.77394 -13.395 < 2e-16 *** Income -7.80310 0.23423 -33.314 < 2e-16 *** Limit 0.19091 0.03278 5.824 1.21e-08 *** Rating 1.13653 0.49089 2.315 0.0211 * Cards 17.72448 4.34103 4.083 5.40e-05 *** Age -0.61391 0.29399 -2.088 0.0374 * Education -1.09886 1.59795 -0.688 0.4921 GenderFemale -10.65325 9.91400 -1.075 0.2832 StudentYes 425.74736 16.72258 25.459 < 2e-16 *** MarriedYes -8.53390 10.36287 -0.824 0.4107 EthnicityAsian 16.80418 14.11906 1.190 0.2347 EthnicityCaucasian 10.10703 12.20992 0.828 0.4083 --- Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Residual standard error: 98.79 on 388 degrees of freedom Multiple R-squared: 0.9551, Adjusted R-squared: 0.9538 F-statistic: 750.3 on 11 and 388 DF, p-value: < 2.2e-16
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