A study was conducted to determine if a person\'s agreeability (whether they are

Question

A study was conducted to determine if a person's agreeability (whether they are generally an agreeable person or not) affects their income level.It also looked at th person's gender to see if it was a factor as well. The variables are shown below: Income: y annual income in dollars Agree: x1 agreeability level with higher scores indicating a person is more aggregable and lower scores indicating less agreeable Gender: x2 1 if male, 0 if female Use the following information to answer the multiple regression questions Printout C: Least Squares Linear Regression of Income Predictor Variables CoefficientStd ErrorT P Constant Agree Gender x1x2 40977.18788.814.66 0.0000 5479.362643.951.07 0.2409 54225.112988.74.170.0001 -8708.14 3934.832.21 0.0293 R' 0.7626 Mean Square Error (MSE)6.047E+07 Adjusted R 0.7552 Standard Deviation 7700.00 Source DF MS

Explanation / Answer

as 95% values are within 2 std deviation fom mean ; hence predicted income is within 2*7700=$15400

option to within $15400 is correct

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.