18. The following estimated regression model was developed relating yearly income (Y in dollar) of 30individuals with their age (X1) and their gender (X2) (1 if male and 0 if female).SUMMARY OUTPUTRegression StatisticsMultipie R0.99R Square0.98Adjusted R S0.98Standard Err1,721.83Observations30.00ANOVAdf2.00 5,166,093,302.59 2,583,046,651.30Significance FMSRegression871.270.00Residual27.0080,047,116.772,964,708.03Total29.00 5,246,140,419.37Coefficients Standard Error3,307.04P-valueLower 95% Upper 95% Lower 95.0% Upper 95.0%9,167.67t Stat9,167.672,3821,529Intercept0.720.48-4,403.30-4,403.30age75.3320.290.001,374.141,683.281,374.141,683.28gender10,263961.8010.670.008,289.19 12,236.088,289.1912,236.08From the result above, it can be said that the expected yearly income ofa. males is $10,263 more than females given the same ageb. females is $10,263 more than males given the same agec. males is $10,263d. females is $10,263

Answer: From the given output, It can be said that the expected yearly income of males is $10,263…

Answered: From the result above, it can be said…

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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A company's sales in Seattle were $390,000 in 2012, while their sales in Portland were $270,000 for the same year. Complete the following statements:a. Seattle's sales were % larger than Portland's.b. Portland sales were % smaller than Seattle's.c. Portland sales were % of Seattle's.Give answers accurate to at least one decimal place.
In a given year, the U.S. federal income tax owed by a married couple filing jointly can be found from the following table. Married Filing Jointly Taxable Income $0-$18,550 T(x) = $18,551-$75,300 $75,301-$151,900 amount over $75,300 $413,351-$466,950 Tax Rate 10% $1,855 plus 15% of the amount over $18,550 $10,367.50 plus 25% of the $151,901-$231,450 amount over $151,900 $466,951 or more if $29,517.50 plus 28% of the $231,451-$413,350 amount over $231,450 $51,791.50 plus 33% of the $130,578.50 plus 39.6% of the amount over $466,950 (a) For incomes up to $151,900, write the piecewise defined function T with input x that models the federal tax dollars due as a function of x, the taxable income dollars earned. $111,818.50 plus 35% of the amount over $413,350 0 < x≤ 18,550 if 18,550 < x≤ 75,300 if 75,300 < x≤ 151,900 (b) Use the function to find T(40,000). $ (c) Find the tax due on a taxable inco of $90,000. $ (d) A friend tells Jack Waddell not to earn any money over $75,300 because it…
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From the result above, it can be said that the expected yearly income of a. males is $10,263 more than females given the same age b. females is $10,263 more than males given the same age c. males is $10,263 d. females is $10,263