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We are 95% confident that the population slope parameter is between,   a 1.40 1.89 b 1.48 1.81 c 1.53 1.75 d 1.57 1.72

We are 95% confident that the population slope parameter is between,   a 1.40 1.89 b 1.48 1.81 c 1.53 1.75 d 1.57 1.72

MATLAB: An Introduction with Applications
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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19 We are 95% confident that the population slope parameter is between,

 

a 1.40 1.89
b 1.48 1.81
c 1.53 1.75
d 1.57 1.72
Your want to study the relationship between hourly WAGE and the number of years of schooling (EDUC). You obtain the wage and years of schooling for 50 persons. You obtain the following regression summary output from your regression analysis. DEPENDENT VARIABLE = WAGE Regression Statistics Multiple R 0.3845 R Square Adjusted R Square 0.1470 Standard Error Observations 1000 ANOVA df SS MS F Stat P-value Regression 24378.82 173.14735 1.393E-36 Error 140516.51 Total 164895.33 bi se(b_j) t Stat P-value Lower 95% Upper 95% Intercept -2.0780 1.7664 -1.1764 0.239730 -5.5443 1.3884 EDUC 1.6435 1.393E-36|
Transcribed Image Text:Your want to study the relationship between hourly WAGE and the number of years of schooling (EDUC). You obtain the wage and years of schooling for 50 persons. You obtain the following regression summary output from your regression analysis. DEPENDENT VARIABLE = WAGE Regression Statistics Multiple R 0.3845 R Square Adjusted R Square 0.1470 Standard Error Observations 1000 ANOVA df SS MS F Stat P-value Regression 24378.82 173.14735 1.393E-36 Error 140516.51 Total 164895.33 bi se(b_j) t Stat P-value Lower 95% Upper 95% Intercept -2.0780 1.7664 -1.1764 0.239730 -5.5443 1.3884 EDUC 1.6435 1.393E-36|
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