Please help asap ck^olConsider the following computer output of a multiple regression analysis relating annual salary to years of education and years of work experience.esc11A1optionwerⒸ2022 Hawkes LearningZ☺@2WSCoefficients Standard Error t Stat14281.789072352.4989829.0451How much would you expect your salary to increase if you had one more year of education?XHcommandInterceptEducation (Years)Experience (Years)#3EDdfSSMSFRegression 2 245,665,739.0934 122,832,869.5467 27.0501Residual 46 208,883,538.9066Total4,540,946.498048 454,549,278.0000C$4RFI%5VRegression StatisticsMultiple RR SquareAdjusted R SquareStandard ErrorTObservationsGANOVAA6P-valueLower 95%2,520.8096 5.6656 0.000000916 9207.6625337.0748 6.9792 0.000000011674.0025391.3561 2.1184 0.039573837 41.2861BMacBook Pro0.73520.54050.52052130.949749YTheH&7NU8JHi1Significance F1.7E-08M9K<O<HUpper 95 %19,355.91563030.99531616.80410LcommandTablesP>KeypadSubmit Answer:1{option[?1"@}1dele

Solution: The coefficient of variable education is β1^=2352.4989

Answered: Consider the following computer output…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 17HP

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Consider the following computer output of a multiple regression analysis relating annual salary to years of education and years of work experience. Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA 0.7352 0.5405 0.5205 2130.9497 49