Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40). The regression is as follows (all variables are statistically significant): MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI Where EDUCATION is the number of years of education someone's had and BMI is their body mass index. Suppose someone had 20 years of education and a BMI of 25.  Complete this sentence: For every additional year of education someone has:... a   ...their chance of getting married by 40 increases by 0.03 percentage points.  b   ...their chance of getting married by 40 increases by 3 percentage points. c   ...their chance of getting married by 40 increases by 0.03. d   ...their chance of getting married by 40 increases by 3%. e   This regression means nothing because the dependent variable is a dummy variable.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Consider a hypothetical regression predicting if someone will be married or not by the age of 40, MARRIED? (1 means this person is married by the age of 40 and 0 means this person is not married by the age of 40).

The regression is as follows (all variables are statistically significant):

MARRIED? = 0.2 + 0.03*EDUCATION - 0.01*BMI

Where EDUCATION is the number of years of education someone's had and BMI is their body mass index.

Suppose someone had 20 years of education and a BMI of 25. 

Complete this sentence:

For every additional year of education someone has:...

a  

...their chance of getting married by 40 increases by 0.03 percentage points. 

b  

...their chance of getting married by 40 increases by 3 percentage points.

c  

...their chance of getting married by 40 increases by 0.03.

d  

...their chance of getting married by 40 increases by 3%.

e  

This regression means nothing because the dependent variable is a dummy variable.

 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman