Consider the following regression estimates (FN3) Linear regression Robust income Coef. Std. Err. hours 18.91906 1.481248 _cons 281.4618 34.36264 Number of obs F(1, 498) Prob > F R-squared Root MSE t P>|t| 0.000 12.77 8.19 0.000 500 163.13 0.0000 0.2880 = 593.03 [95% Conf. Interval] 16.0088 21.82933 213.9482 348.9754 || || || || || = = =
Consider the following regression estimates (FN3) Linear regression Robust income Coef. Std. Err. hours 18.91906 1.481248 _cons 281.4618 34.36264 Number of obs F(1, 498) Prob > F R-squared Root MSE t P>|t| 0.000 12.77 8.19 0.000 500 163.13 0.0000 0.2880 = 593.03 [95% Conf. Interval] 16.0088 21.82933 213.9482 348.9754 || || || || || = = =
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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![Consider the following regression estimates (FN3)
Linear regression
Robust
income
Coef. Std. Err.
t P>|t|
hours
_cons
18.91906 1.481248
281.4618 34.36264
12.77 0.000
8.19 0.000
where income is weekly income in NZ$ and hours is working hours per week.
In this regression, what is the value of the t-statistic of the hours coefficient?
Number of obs
F(1, 498)
Prob > F
R-squared
Root MSE
500
163.13
0.0000
0.2880
593.03
[95% Conf. Interval]
16.0088
21.82933
213.9482
348.9754
|| || || || ||
=](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea35d65d-c5a4-4815-8933-ba8e9e4a80fc%2Fd1ccdee9-05a3-449e-873e-0b8d17b2e8fa%2Fcht38xv_processed.png&w=3840&q=75)
Transcribed Image Text:Consider the following regression estimates (FN3)
Linear regression
Robust
income
Coef. Std. Err.
t P>|t|
hours
_cons
18.91906 1.481248
281.4618 34.36264
12.77 0.000
8.19 0.000
where income is weekly income in NZ$ and hours is working hours per week.
In this regression, what is the value of the t-statistic of the hours coefficient?
Number of obs
F(1, 498)
Prob > F
R-squared
Root MSE
500
163.13
0.0000
0.2880
593.03
[95% Conf. Interval]
16.0088
21.82933
213.9482
348.9754
|| || || || ||
=
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