Data are collected on the income (measured in $1000’s of $’s), house value (measured in $1000’s of $’s), years in a home, age, sex (=1 for male, =0 for female), and amount outstanding on a mortgage (measured in $1000’s of $’s). The dependent variable is income. a) Complete the missing (highlighted) boxes

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
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4) Data are collected on the income (measured in $1000’s of $’s), house value (measured in $1000’s of $’s), years in a home, age, sex (=1 for male, =0 for female), and amount outstanding on a mortgage (measured in $1000’s of $’s). The dependent variable is income. a) Complete the missing (highlighted) boxes
4) Data are collected on the income (measured in $1000's of $'s), house value
(measured in $1000's of S's), years in a home, age, sex (=1 for male, =0 for female),
and amount outstanding on a mortgage (measured in $1000's of S's). The dependent
varlable is income.
a) Complete the missing (highlighted) boxes
SUMMARY
OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
.866
25
ANOVA
df
SS
MS
F
Significance F
3.47109E-05
Regression
Residual
Total
19.89
3.98
11.39
6.64
0.35
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept
Value
28.242
2.986
0.000
0.029
0.005
0.000
Years
0.650
0.241
0.014
Age
Sex
|-0.049
0.031
0.134
0.723
0.249
0.009
Mortgage
-0.00040
0.00127
0.75315
Transcribed Image Text:4) Data are collected on the income (measured in $1000's of $'s), house value (measured in $1000's of S's), years in a home, age, sex (=1 for male, =0 for female), and amount outstanding on a mortgage (measured in $1000's of S's). The dependent varlable is income. a) Complete the missing (highlighted) boxes SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations .866 25 ANOVA df SS MS F Significance F 3.47109E-05 Regression Residual Total 19.89 3.98 11.39 6.64 0.35 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept Value 28.242 2.986 0.000 0.029 0.005 0.000 Years 0.650 0.241 0.014 Age Sex |-0.049 0.031 0.134 0.723 0.249 0.009 Mortgage -0.00040 0.00127 0.75315
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