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Use Wage data and create Multiple regression table but this time as input use Only two variables: EDUCATION and EXPERIENCE to predict WAGE. What is
Use Wage data and create Multiple regression table but this time as input use Only two variables: EDUCATION and EXPERIENCE to predict WAGE. What is the approximate error of this prediction?If this person had one more year of work Experience and two more years of EDUCATION how much higher would his/her predicted wage be?
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