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The Following Estimated Regression Model Was Developed Relating Yearly Income (Y In $100os) Of 30 Individuals With Their Age (X1) And Their Gender (X2) (O
The Following Estimated Regression Model Was Developed Relating Yearly Income (Y In $100os) Of 30 Individuals With Their Age (X1) And Their Gender (X2) (O If Male And 1 If Female). ? = 30 +0.7X1 + 3X2 Also Provided Are SST = 1200 And SSE = 384. From The Above Function, It Can Be Said That The Expected Yearly Income For – A. Male Is $3,000 More Than Females O
The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). =30+ 0.7x1 + 3x2 Also provided are SST = 1200 and SSE = 384. From the above function, it can be said that the expected yearly income for. a. male is $3,000 more than females b. female is $3 more than males c. male is $3 more than females d. female is $3,000 more than males
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