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

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) . Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 15-8. From the above function, 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 $3,000 more than females
D) females is $3,000 more than males