The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). ŷ = 30 + 0.7x1 + 3x2 Also provided are SST = 1200 and SSE = 384. The model _____.   a. is significant     b. is not significant     c. would be significant is the sample size was larger than 30     d. None of these answers are correct.

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The following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female).

ŷ = 30 + 0.7x1 + 3x2

Also provided are SST = 1200 and SSE = 384.

The model _____.
  a. is significant  
  b. is not significant  
  c. would be significant is the sample size was larger than 30  
  d. None of these answers are correct.
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