Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing

image text in transcribed
The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing area. The explanatory variables are: I, age (in years), I, education (highest level obtained, in years) and 1', family size (number of family members in household). The multiple regression output is shown below: Summary measures Multiple R R-Square ' dj R-Square StErr of Estimate AN OVA Table Explained 13.9682 4.6561 14.8564 0.0000 Unexplained 18 5.6413 0.3134 Regression coefficients Coefcieni Std Err t-value p-value 1.1696 1.4389 0.1674 ge . 0.0199 -2.5018 0.0222 Education 0.0503 4.2426 0.0005 Family Size 0.0784 0.5168 0.6116 Based on the information above to estimate the linear regression model, indicate if the following statement is true or false: "older people watch less television"

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Transportation A Global Supply Chain Perspective

Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard

8th edition

9781305445352, 1133592961, 130544535X, 978-1133592969

More Books

Students also viewed these Mathematics questions