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

Question 12

Multiple Choice

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 model A) is significant B) is not significant C) would be significant is the sample size was larger than 30 D) None of these alternatives is correct. Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 15-8. The model


A) is significant
B) is not significant
C) would be significant is the sample size was larger than 30
D) None of these alternatives is correct.

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