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Problem 2 Multiple Regression Model A sociologhat Using data from 50 workers, a researcher estimates Wage-Bo + B Education + Az Experience + BiyApr +

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Problem 2 Multiple Regression Model A sociologhat Using data from 50 workers, a researcher estimates Wage-Bo + B Education + Az Experience + BiyApr + where Wage is the hourly wage rate and Bducation, Experience, and Age are the years of higher education, the years of experience, and the age of the worker, respectively, A portion of the regression results is shown in the following table. (10 +10 +10'30") Stat Coefficients 7.87 144 0.45 -0.01 Intercept Education Experience Age Standard Error 4.09 0.34 0.14 0.08 1.93 424 p-value 0.0603 0.0001 0.0028 0,8920 3.16 -0.14 a. Write the sample regression for the model. b. Interpret the coefficient for , and B c. Predict the hourly wage rate for a 30-year-old worker with four years of higher education and three years of experience search 38F

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