12. A newspaper in Germany reported that the more semesters needed to complete an academic program at the university, the greater the starting salary in the first year of a job. The report was based on a study that used a random sample of 24 people who had recently completed an academic program. Information was collected on the number of semesters each person in the sample needed to complete the program and the starting salary, in thousands of euros, for the first year of a job. The data are shown in the scatterplot below.

12. A newspaper in Germany reported that the more semesters needed to complete an academic program at the university, the greater the starting salary in the first year of a job. The report was based on a study that used a random sample of 24 people who had recently completed an academic program. Information was collected on the number of semesters each person in the sample needed to complete the program and the starting salary, in thousands of euros, for the first year of a job. The data are shown in the scatterplot below.

Name: The table below shows computer output from a linear regression analys
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Description: The table below shows computer output from a linear regression analysis on the data.PredictorCoefSE CoefConstant34.0184.4557.640.000Semesters1.15940.34823.330.003S=7.37702R-Sq = 33.5%R-Sq(adj) = 30.5%(b) What is the value of the slope of the least s

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The questions below are based on a dataset containing the characteristics of 5,407households. In particular, we will use the following variables:- size: home size, measured in square feet.- hhinc: annual household net income, measured in euros.- owner: dummy variable equal to 1 if the living space is owned, and 0 if the livingspace is rented.- hhsize1: dummy variable equal to 1 if the number of household’s members is 1 or2, and 0 otherwise.- hhsize2: dummy variable equal to 1 if the number of household’s members is 3 or4, and 0 otherwise.- hhsize3: dummy variable equal to 1 if the number of household’s members is 5 orabove 5, and 0 otherwise.- edu: education level of household’s members. We conduct a simple regression of size on hhinc, now using robust standard errors.The regression output is reported in Table 2. Why are the estimated coefficients inTable 2 equal to the estimated coefficients in Table 1? Do the conclusions on thestatistical significance at 5% of the coefficient of…