Word File Edit View Insert Format Tools Table Window Help AutoSave OFF HW8-042824-Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Table Design Layout Tell me Calibri (Bo... 10 A A Aa Paste BIU ab x A v v A 83% Wed 11:10 AM Share Comm AaBbCcDdEe AaBbCcDdEe AaBbCcD AaBbCcDdE AaBb AaBbCcDdEe Normal No Spacing Heading 1 Heading 2 Title Subtitle Styles Pane Dictate Sensitivit Problem set 3: use the following information to answer questions 10-12 (30 points total): 10. Calculate the Y-intercept, a, of the regression equation using the following information: (10 pts) Mean number of years of schooling: 15 (X) Mean monthly income: $3,460 (Y) Slope, b, of the regression equation: $220 (b, slope) 11. Consider the following linear regression prediction equation: Y = 10 +-1x. If x=4, what is the predicted value of, Y, for this observation (10 pts)? 12. Consider the following linear regression prediction equation: Y=10+ -1x. If the predicted value of, Y, for an observation is 7, calculate the residual for an observation where the observed value, Y, is equal to 11 (10 pts)? Problem set 4: use the following information to answer questions 13-14 (10 points total): The following data on fertility rates were obtained from Eurostat on seven European countries in 2008. The covariance between the mean age at childbearing and the total fertility rate is 005 (S) And the Varionos (S2v) 7 07 Page 5 of 6 2 of 1220 words English (United States) APR 24 Focus A hulu W + 16