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)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.1: Logistic Functions
Problem 16E: Cable TV The following table shows the number C. in millions, of basic subscribers to cable TV in...
icon
Related questions
Question
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
|| || || || ||
=
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 || || || || || =
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage