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The Following Estimated Regression Equation Was Developed Relating Yearly Income

Question 13

Multiple Choice

The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female) . ​ The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x<sub>1</sub>) and their gender (x<sub>2</sub>) (0 if male and 1 if female) . ​ = 30 + .7x<sub>1</sub> + 3x<sub>2</sub> ​ Also provided are SST = 1200 and SSE = 384. From the above linear function for multiple regression, it can be said that the expected yearly income of A) males is $3 more than females. B) females is $3 more than males. C) males is $3000 more than females. D) females is $3000 more than males. = 30 + .7x1 + 3x2
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Also provided are SST = 1200 and SSE = 384. From the above linear function for multiple regression, it can be said that the expected yearly income of


A) males is $3 more than females.
B) females is $3 more than males.
C) males is $3000 more than females.
D) females is $3000 more than males.

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