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) . = 30 + .7x1 + 3x2
Also provided are SST = 1200 and SSE = 384. The estimated income (in $) of a 30-year-old male is
A) $51,000.
B) $21.
C) $90,000.
D) $51.
Correct Answer:

Verified
Correct Answer:
Verified
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