Question
Y = Yearly Income (measured in thousands of dollars) X = 1 if someone has a Bachelors degree or higher and 0 otherwise You obtain
Y = Yearly Income (measured in thousands of dollars)
X = 1 if someone has a Bachelors degree or higher and 0 otherwise
You obtain the following regression equation from your analysis:
yhat = 46.9 - 11.8*x
where the value of 11.8 has a p-value of 0.15
Using an alpha level of .05, what is your conclusion about the relationship between the variables Y and X
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Calculus Early Transcendentals
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
2nd edition
321954428, 321954424, 978-0321947345
