Question
construct a 90% confidence interval of the coefficient for EDU , and interpret this interval State the critical values to be used to construct this
construct a 90% confidence interval of the coefficient for EDU, and interpret this interval
State the critical values to be used to construct this confidence interval.
Construct a 90% confidence interval
Interpret the obtained confidence interval
data used
Residuals:
Min 1Q Median 3Q Max
-3911.2 -1027.5 -160.5 785.9 16244.5
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) -3588.510 767.608 -4.675 3.20e-06 ***
GEN -1194.448 418.012 -2.857 0.00433 **
EDU 124.479 28.563
EDUxGEN 99.178 36.140
AGE 265.010 32.021 8.276 2.75e-16 ***
AGE2 -2.941 0.360 -8.170 6.42e-16 ***
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Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Residual standard error: 1601 on 1518 degrees of freedom
Multiple R-squared: 0.1157, Adjusted R-squared: 0.1128
F-statistic: 39.73 on 5 and 1518 DF, p-value: < 2.2e-16
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