Interpret the exper coefficient.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Interpret the exper coefficient.
thank you
![Linear regression
Number of obs
1,260
F(3, 1256)
55.69
Prob > F
0.0000
R-squared
0.0765
Root MSE
4.4842
Robust
wage
Сoef.
Std. Err.
t
P>|t|
[95% Conf. Interval]
exper
.075917
.0109584
6.93
0.000
.0544182
.0974159
union
.7327579
.3072295
2.39
0.017
.1300184
1.335498
married
1.320637
.2353709
5.61
0.000
.8588732
1.7824
_cons
3.812129
.1804426
21.13
0.000
3.458127
4.166132
IL || || ||||](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F99b1926a-8934-4b81-b4f9-0473743b534d%2F960b1493-03bc-4c82-aa0e-5d14a030ba55%2Fs0195re_processed.png&w=3840&q=75)
Transcribed Image Text:Linear regression
Number of obs
1,260
F(3, 1256)
55.69
Prob > F
0.0000
R-squared
0.0765
Root MSE
4.4842
Robust
wage
Сoef.
Std. Err.
t
P>|t|
[95% Conf. Interval]
exper
.075917
.0109584
6.93
0.000
.0544182
.0974159
union
.7327579
.3072295
2.39
0.017
.1300184
1.335498
married
1.320637
.2353709
5.61
0.000
.8588732
1.7824
_cons
3.812129
.1804426
21.13
0.000
3.458127
4.166132
IL || || ||||
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