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Exercise 14-61 Static In order to determine if the homeownership rate in the United States is linked with income, state-level data on the homeownership rate (Ownership in %) and median household income (Income in $) were collected. A portion of the data is shown in the accompanying table. State Alabama Alaska Wyoming Ownership 74.1 Income 39,980 66.8 61,604 73.8 52,470 Click here for the Excel Data File a-1. Estimate the model Ownership Bo+B1Income + E. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) [If you are using R to obtain the output, then first enter the following command at the prompt: options(scipen=10). This will ensure that the output is not in scientific notation.] 9 + Income

Exercise 14-61 Static In order to determine if the homeownership rate in the United States is linked with income, state-level data on the homeownership rate (Ownership in %) and median household income (Income in $) were collected. A portion of the data is shown in the accompanying table. State Alabama Alaska Wyoming Ownership 74.1 Income 39,980 66.8 61,604 73.8 52,470 Click here for the Excel Data File a-1. Estimate the model Ownership Bo+B1Income + E. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) [If you are using R to obtain the output, then first enter the following command at the prompt: options(scipen=10). This will ensure that the output is not in scientific notation.] 9 + Income

MATLAB: An Introduction with Applications
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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Exercise 14-61 Static In order to determine if the homeownership rate in the United States is linked with income, state-level data on the homeownership rate (Ownership in %) and median household income (Income in $) were collected. A portion of the data is shown in the accompanying table. State Alabama Alaska Wyoming Ownership 74.1 Income 39,980 66.8 61,604 73.8 52,470 Click here for the Excel Data File a-1. Estimate the model Ownership Bo+B1Income + E. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) [If you are using R to obtain the output, then first enter the following command at the prompt: options(scipen=10). This will ensure that the output is not in scientific notation.] 9 + Income
Transcribed Image Text:Exercise 14-61 Static In order to determine if the homeownership rate in the United States is linked with income, state-level data on the homeownership rate (Ownership in %) and median household income (Income in $) were collected. A portion of the data is shown in the accompanying table. State Alabama Alaska Wyoming Ownership 74.1 Income 39,980 66.8 61,604 73.8 52,470 Click here for the Excel Data File a-1. Estimate the model Ownership Bo+B1Income + E. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) [If you are using R to obtain the output, then first enter the following command at the prompt: options(scipen=10). This will ensure that the output is not in scientific notation.] 9 + Income
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