Do students with higher college grade point averages (GPAs) earn more than those graduates with lower GPAs? With data on college GPA and salary 10 years after graduation, you estimate the following regression: Salary = −110, 210 + 72, 990.5GPA (22,864) (7,037.4) You want to test the statistical significance of the slope coefficient. What is the value of your test statistic? (Enter your answer rounded to two decimal places). What is your conclusion? At 0.01 significance level, the evidence suggests that there (is/is not) a significant statistical positive relationship between the two variables.
Do students with higher college grade point averages (GPAs) earn more than those graduates with lower GPAs? With data on college GPA and salary 10 years after graduation, you estimate the following regression: Salary = −110, 210 + 72, 990.5GPA (22,864) (7,037.4) You want to test the statistical significance of the slope coefficient. What is the value of your test statistic? (Enter your answer rounded to two decimal places). What is your conclusion? At 0.01 significance level, the evidence suggests that there (is/is not) a significant statistical positive relationship between the two variables.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Do students with higher college grade point averages (GPAs)
earn more than those graduates with lower GPAs? With data
on college GPA and salary 10 years after graduation, you
estimate the following regression:
Salary
-
-110, 210 + 72, 990.5GPA
(22,864) (7,037.4)
You want to test the statistical significance of the slope
coefficient. What is the value of your test statistic?
(Enter your answer rounded to two
decimal places). What is your conclusion? At 0.01 significance
level, the evidence suggests that there
(is/is not) a significant statistical positive relationship between
the two variables.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1858a710-c111-4513-9004-6c10bf7d1d6e%2F7234b51b-0422-4697-955d-6b6e6852da15%2Fgmc11cj_processed.png&w=3840&q=75)
Transcribed Image Text:Do students with higher college grade point averages (GPAs)
earn more than those graduates with lower GPAs? With data
on college GPA and salary 10 years after graduation, you
estimate the following regression:
Salary
-
-110, 210 + 72, 990.5GPA
(22,864) (7,037.4)
You want to test the statistical significance of the slope
coefficient. What is the value of your test statistic?
(Enter your answer rounded to two
decimal places). What is your conclusion? At 0.01 significance
level, the evidence suggests that there
(is/is not) a significant statistical positive relationship between
the two variables.
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