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Exhibit 15-8
the Following Estimated Regression Model Was Developed Relating ε\varepsilon

Question 57

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) .   = 30 + 0.7x<sub>1</sub> + 3x<sub>2</sub> Also provided are SST = 1,200 and SSE = 384. -The mathematical equation that explains how the dependent variable y is related to several independent variables x<sub>1</sub>, x<sub>2</sub>, ..., x<sub>p</sub> and the error term  \varepsilon  is A) a simple nonlinear regression model B) a multiple regression model C) an estimated multiple regression equation D) a multiple regression equation = 30 + 0.7x1 + 3x2
Also provided are SST = 1,200 and SSE = 384.
-The mathematical equation that explains how the dependent variable y is related to several independent variables x1, x2, ..., xp and the error term ε\varepsilon is


A) a simple nonlinear regression model
B) a multiple regression model
C) an estimated multiple regression equation
D) a multiple regression equation

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