sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a ale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + e. The following table summarizes a portion of the regression results. Standard P-value 0.0000 Coefficients Error t-stat Entercept 56.1779 5.2135 10.7755 Ege 0.2857 0.0914 3.1258 0.003 e estimate of Happiness for a person who is 55 years old is the closest to
sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a ale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + e. The following table summarizes a portion of the regression results. Standard P-value 0.0000 Coefficients Error t-stat Entercept 56.1779 5.2135 10.7755 Ege 0.2857 0.0914 3.1258 0.003 e estimate of Happiness for a person who is 55 years old is the closest to
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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Question
![Multiple Cholce
72
59
75
65](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F62c5d8d4-bf52-40ff-9a64-70401b9ed938%2F067235fc-304f-4e97-9418-1218cc3a457d%2F4zush47_processed.png&w=3840&q=75)
Transcribed Image Text:Multiple Cholce
72
59
75
65
![A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a
scale from 0 to 100. He estimates the following model: Happiness = B0 + B1Age + e. The following table summarizes a portion of the regression results.
Standard
Coefficients
Error
t-stat
р-value
Intercept
56.1779
5.2135
10.7755
0.0000
Age
0.2857
0.0914
3.1258
0.003
The estimate of Happiness for a person who is 55 years old is the closest to](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F62c5d8d4-bf52-40ff-9a64-70401b9ed938%2F067235fc-304f-4e97-9418-1218cc3a457d%2Fqilqcuv_processed.png&w=3840&q=75)
Transcribed Image Text:A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a
scale from 0 to 100. He estimates the following model: Happiness = B0 + B1Age + e. The following table summarizes a portion of the regression results.
Standard
Coefficients
Error
t-stat
р-value
Intercept
56.1779
5.2135
10.7755
0.0000
Age
0.2857
0.0914
3.1258
0.003
The estimate of Happiness for a person who is 55 years old is the closest to
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