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
icon
Related questions
Question
Multiple Cholce
72
59
75
65
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
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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman