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Exhibit 15-8 The Following Estimated Regression Model Was Developed Relating Yearly Income

Question 11

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Exhibit 15-8
The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X1) and their gender (X2) (0 if male and 1 if female) . Exhibit 15-8 The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X<sub>1</sub>) and their gender (X<sub>2</sub>) (0 if male and 1 if female) . Also provided are SST = 1,200 and SSE = 384. -Refer to Exhibit 15-8. The test statistic for testing the significance of the model is A) 0.73 B) 1.47 C) 28.69 D) 5.22 Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 15-8. The test statistic for testing the significance of the model is


A) 0.73
B) 1.47
C) 28.69
D) 5.22

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