Consider the following regression output: = 0.2033 + 0.656Xt se = (0.0976) (0.1961) r² = 0.397 RSS = 0.0544 ESS = 0.0358 Where: Y = labor force participation rate (LFPR) of women in 1972 and X = LFPR of women in 1968. The regression results were obtained from a sample of 19 cities in the United States.

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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How do you interpret this regression?
Consider the following regression output:
Ŷt
= 0.2033 +0.656Xt
se (0.0976) (0.1961)
r² = 0.397 RSS=0.0544 ESS = 0.0358
Where:
Y = labor force participation rate (LFPR) of women in 1972 and
X = LFPR of women in 1968. The regression results were obtained from a sample of 19 cities in the
United States.
Transcribed Image Text:Consider the following regression output: Ŷt = 0.2033 +0.656Xt se (0.0976) (0.1961) r² = 0.397 RSS=0.0544 ESS = 0.0358 Where: Y = labor force participation rate (LFPR) of women in 1972 and X = LFPR of women in 1968. The regression results were obtained from a sample of 19 cities in the United States.
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