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Y =Yearly Income (measured in thousands of dollars) X = 1 if someone has a bachelor's degree or higher and 0 otherwise You obtain the

Y =Yearly Income (measured in thousands of dollars)

X = 1 if someone has a bachelor's degree or higher and 0 otherwise

You obtain the following regression equation from your analysis:

yhat = 33 + 16.6*x

where the value of 16.6 has a p-value of 0.1.

What is the predicted value of Y for someone who does not have at least a bachelor's degree?

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