A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n= 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s), and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + B1 Education + Bß2 Income + B3 Mortality + ɛ. The following ANOVA table shows a portion of the regression results. df MS F Regression 3 416.2 |138.73 95.7 Residual 47 68.1 1.45 Total 50 484.3 Coefficients Standard Error t-stat p-value Intercept 57.8 4.3 13.44 1.65E-16 Education -0.3 0.05 -6 5.45E-10 Income -0.2 0.01 -20 6.02E-10 Morality 0.12 0.27 0.44 0.6438 Which of the following is the value of the standard error of the estimate?

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A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n =
51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s),
and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + ß1 Education + Bß2 Income + B3 Mortality + ɛ. The
following ANOVA table shows a portion of the regression results.
df
MS
F
Regression
416.2
138.73
95.7
Residual
47
68.1
1.45
Total
50
484.3
Coefficients
Standard Error
t-stat
р-value
Intercept
57.8
4.3
13.44
1.65E-16
Education
-0.3
0.05
-6
5.45E-10
Income
-0.2
0.01
-20
6.02E-10
Morality
0.12
0.27
0.44
0.6438
Which of the following is the value of the standard error of the estimate?
Multiple Choice
1.2
138.73
Transcribed Image Text:A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n = 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x1), median income (x2, in $1000s), and the mortality rate per 1,000 residents (x3). He estimates the following model as y= Bo + ß1 Education + Bß2 Income + B3 Mortality + ɛ. The following ANOVA table shows a portion of the regression results. df MS F Regression 416.2 138.73 95.7 Residual 47 68.1 1.45 Total 50 484.3 Coefficients Standard Error t-stat р-value Intercept 57.8 4.3 13.44 1.65E-16 Education -0.3 0.05 -6 5.45E-10 Income -0.2 0.01 -20 6.02E-10 Morality 0.12 0.27 0.44 0.6438 Which of the following is the value of the standard error of the estimate? Multiple Choice 1.2 138.73
Which of the following is the value of the standard error of the estimate?
Multiple Choice
1.2
138.73
11.78
1.45
Transcribed Image Text:Which of the following is the value of the standard error of the estimate? Multiple Choice 1.2 138.73 11.78 1.45
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