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) . = 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 is
A) a simple nonlinear regression model
B) a multiple regression model
C) an estimated multiple regression equation
D) a multiple regression equation
Correct Answer:

Verified
Correct Answer:
Verified
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