Statistics
Statistics
4th Edition
ISBN: 9780393929720
Author: David Freedman, Robert Pisani, Roger Purves
Publisher: Norton, W. W. & Company, Inc.
Question
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Chapter 11.4, Problem 3ED

(a)

To determine

Find the r.m.s. error of the regression line for predicting income from education.

(b)

To determine

Find the predict value of the income of a woman with 16 years of education.

(c)

To determine

Identify by how much amount the prediction is likely to be off.

(d)

To determine

Find the predict value of the income of a woman with 8 years of education.

Identify by how much amount the prediction is likely to be off.

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