Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Consider the following regression estimates (FN8) Source SS df MS Number of obs 500 F (2, 497) 100.85 Model 71007499.5 2 35503749.8 Prob > F
Consider the following regression estimates (FN8) Source SS df MS Number of obs 500 F (2, 497) 100.85 Model 71007499.5 2 35503749.8 Prob > F 0. 0000 Residual 174967111 497 352046.502 Total 245974611 499 492935.092 income Coef. Std. Err. P> | t| [95% Conf. Interval] female -37.5719 53. 55403 -0.70 0. 483 -142 . 7921 67 . 6483 hours 18.79374 1. 345669 13.97 0.000 16. 14984 21 . 43765 _ cons 302. 975 47 . 65295 6. 36 0.000 209.349 396 . 6011 What is the R-squared of the regression above? Please state the answer as a value between 0 and 1
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