Answered step by step
Verified Expert Solution
Question
1 Approved Answer
28 A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on
28 A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = Po + 1Age + . The following table summarizes a portion of the regression results. Standard Coefficients Error 3.33 t-stat p-value points Intercept 56. 1727 5.21 10 . 7693 0 . 0000 Age 0. 2845 0 . 0846 3.3629 0 . 0021 ot01:56 At the 5% significance level, which of the following is the correct confidence interval of the regression coefficient B1? Book Multiple Choice O [0.1090, 0.1230] O [0.0890, 0.4600] O [0.0890, 0.1230] O [0.1090, 0.4600]
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started