Question
Answered step-by-stepAsked by MinisterValor8119 on coursehero.com
Y = Yearly Income (measured in thousands of dollars) X = 1 if...
Y = Yearly Income (measured in thousands of dollars)
X = 1 if someone has a bachelor's degree or higher and 0 otherwise
You obtain the following regression equation from your analysis:
yhat = 33 + 16.6*x
where the value of 16.6 has a p-value of 0.1.
What is the predicted value of Y for someone who does not have at least a bachelor's degree?
Answer & Explanation
Solved by verified expertAnswered by KidSteel7934 on coursehero.com
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