A Regression Model Relating the Yearly Income (Y), Age (X₁)

Short Answer

A regression model relating the yearly income (y), age (x₁), and the gender of the faculty member of a university (x₂ = 1 if female and 0 if male) resulted in the following information. = 5,000 + 1.2x₁ + 0.9x₂
n = 20 SSE = 500 SSR = 1,500
S_b1 = 0.2 S_b2 = 0.1
a.Is gender a significant variable?
b.Determine the multiple coefficient of determination.