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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
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|](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15a526c6-de52-4025-8530-5e7aa950042d%2F0441b540-4056-4dca-9d5c-9b39d18aff82%2Ff0w8psn_processed.png&w=3840&q=75)
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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