Use the least square equation to predict income given ages=21 & 45 & experience=0 & 5. b) Compute for multiple correlation coefficient. Age 31 37 28 42 33 25 35 40 Experience 4 1 5 4 3 3 2 2 Income 35400 41200 45000 40300 36800 43200 41600 38700

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Multiple Regression and Correlation 

Use exel to compute.

Σy = nbo + Σx1b1 + Σx2b2  
Σx1y = Σx1bo + Σx12b1 + (Σx1x2)b2
Σx2y = Σx2bo + (Σx1x2)b1 + Σx22b2
  1. a) Use the least square equation to predict income given ages=21 & 45 & experience=0 & 5.
  2. b) Compute for multiple correlation coefficient.

Age

31

37

28

42

33

25

35

40

Experience

4

1

5

4

3

3

2

2

Income

35400

41200

45000

40300

36800

43200

41600

38700

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