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Question 33 2 pts (2 points) Consider the following regression of annual salaries for teachers on age. Annual salaries are measued in thousands of dollars.
Question 33 2 pts (2 points) Consider the following regression of annual salaries for teachers on age. Annual salaries are measued in thousands of dollars. Age is measured in years. Salary = 12.3 + 0.97 Age (4.3) (1.15) What is the predicted annual salary for a 25 year-old teacher?(2 points) Consider the following regression of annual salaries for teachers on age. Annual salaries are measued in thousands of dollars. Age is measured in years. Salary = 12.3 + 0.97 Age (4.3) (1.15) What is the lower bound for the 95% confidence interval for the Age slope?Question 35 2 pts (2 points) Consider the following regression of annual salaries for teachers on age. Annual salaries are measued in thousands of dollars. Age is measured in years. Salary = 12.3 + 0.97 Age (4.3) (1.15) What is the t statistic for the test if the Age slope is equal to 1.0
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