V3

answer a -e please

2. Consider the regression output below and use it to work out the following questions: Meanwage = 0.5437 + 0.7416 Education se = (0.5355) () = () (9.6536) 12 = 0.6744 n = 15 a. Work out the t-value for the intercept b. Work out the standard error for the coefficient of Education variable c. Interpret the coefficient of Education variable with respect to Meanwage d. Test the null hypothesis that coefficient of Education 81=0,5 against critical value 2,56. e. Interpret the R2