Question

Use the chart below to answer Questions 16 through 33. The study looks at what affects wage (wage, in dollars). The two factors being examined are years of education (X1=education, in years) and previous work experience (X2=Yes/No). Source SS df MS Sample Size 80437 Model 7.25x1012 i) 3.63x1012 F-stativ) Residual 25.73x1012 80434 3.2x102 Prob>F 0.00 Total 32.98x10 ii) R-squared v). Adj R-squared 0.20 Coef SE T-stat P-value 95%CI Educ 4113 28 iii) 0.000 4058 4168 Experience 259 5 0.000 250 269 cons -34012 414 0.000 -34824 -33200 Wage

Answer 1