Answered: Consider the following regression… | bartleby

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

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

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.1: Measures Of Center

Problem 9PPS

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Question

Can you please answer 7 & 8

Consider the following regression estimates
Source
SS
df
526
112.19
Model
44.5315181
2
0.0000
Residual
103.798233
523
0.3002
0.2975
Total
148.329751
525
.4455
lwage
Coef. Std. Err.
t P>|t|
[95% Conf. Interval]
.0633591
.0910475
educ
female
_cons
.0772033 .0070472
-.3608654 .0390245
.8262694 .0940541
10.96 0.000
-9.25 0.000
8.79 0.000
-.4375294
-.2842015
.6414991
1.01104
where Iwage is the log of hourly wage, educ is years of education and female is a dummy
variable which is equal to 1 if the person is female and 0 otherwise.
7. The predicted hourly wage in US$ for a woman with 10 years of education is
8. The F-statistic of the F-test for the overall significance of the regression is
MS
22.2657591
. 198466985
.28253286
Number of obs
F(2, 523)
Prob > F
R-squared
Adj R-squared
Root MSE
|| || || || || ||
=

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