Bb Assignments - 20204 X Business Knowledge X G Explain what it mean: X Homework Help - Q X w Word X w Document15.docx X + X C @ File | C:/Users/Dylan/Downloads/Business%20Knowledge%20Assignment_Final.pdf D . .. Business Knowledge Assignment_Final.pdf 2 / 4 9. Based on the output below, please explain how the results can be interpreted in a real business scenario. The following Excel output shows the outcome of a linear regression of individuals' wage per hour (in dollars) on the number of years they attended school (in years). SUMMARY OUTPUT Regression Statistics Multiple R .381932619 R Square 0.145872525 Adjusted R Square 0.144267022 Standard Error 4.753758428 Observations 534 ANOVA SS MS F Significance F Regression 2053.22554 2053.22554 90.8578469 5.45998E-20 Residual 532 12022.25261 22.59821919 Total 533 14075.47815 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% + Intercept 0.745942699 1.045403804 -0.71354504 0.475821452 2.799566599 1.307681201 -2.799566599 1.307681201 Years of Schooling 0.750448943 0.078729942 9.531938255 5.45998E-20 0.595789385 0.9051085 0.595789385 0.9051085