Mathematics
Mathematics, 27.05.2020 20:01, gobbler80

The data below is a random sample of 3 observations drawn from the United States population. Use the data to answer the following questions

i. Find 95% confidence intervals of the population mean of experience and wage.

ii. Estimate rhoe, w, the correlation between the variables experience and wage.

iii. Find βˆ 1 and βˆ 0, the estimates of the parameters in the following regression equation wage = β0 + β1education + ϵ

iv. Predict wages for a person with 15 years of education using your regression estimate.

v. Find the R2

wage education

16.20 12

12.36 13

14.40 12

12.00 12

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 20.06.2019 18:02, alogoro
Adalyn drove 12 miles from her home to her school and then drove back. graph a shows her distance from home during the trip. graph b will show her distance from the school during the trip. complete each statement about graph b.
Answers: 2
image
Mathematics, 21.06.2019 14:40, MilanPatel
The class wants to raise a total of $750.if they receive a profit of $1.25 from each candybar sold, how many bars must they sell to reachtheir goal
Answers: 1
image
Mathematics, 21.06.2019 18:00, ddoherty88
How much dextrose 70% must be mixed with dextrose 5% to prepare 1,000 ml of dextrose 20%?
Answers: 1
image
Mathematics, 21.06.2019 18:00, milagrosee12
Me, the vertices of quadrilateral coat are c(2,0), o(7,0), a(7,2) and t(2,2). prove that coat is a rectangle.
Answers: 3
Do you know the correct answer?
The data below is a random sample of 3 observations drawn from the United States population. Use the...

Questions in other subjects: