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Suppose you estimated the following regression equation: Tot = 8700 - 1200 Black - 2900 Hisp + 200 Asian + 4 Age + 2600 SupI
Suppose you estimated the following regression equation:
Tot = 8700 - 1200 Black - 2900 Hisp + 200 Asian + 4 Age + 2600 SupI -800 PHS +200PHS*Urban
Variable Coefficient Estimate T statistic* Constant 8700 3.40 Black -1200 -1.90 Hisp -2900 -2.80 Asian 200 40 Age 4.0 3.20 SupI 2600 2.65 PHS -800 10.2 PHS *Urban 200 2.30Step by Step Solution
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