income (Y in $1,000s), GPA (X1), age (X2), and the gender of the individual (X3; zero...

income (Y in $1,000s), GPA (X1), age (X2), and the gender of the individual (X3; zero representing female and one representing male) was performed on a sample of 10 people.

	Coefficients	Standard Error
Intercept	4.0928	1.4400
X1	10.0230	1.6512
X2	0.1020	0.1225
X3	-4.4811	1.4400

ANOVA
	DF	SS	MS
Regression		360.59
Error		23.91

a. use Excel/XLSTAT to calculate p-value for the coefficient of X1. Is it significant? α = 0.05. Next, the T table and interpolate the p-value

b. use Excel/XLSTAT to calculate p-value for the coefficient of X2. Is it significant? α = 0.05. Next, the T table and interpolate the p-value

c. use Excel/XLSTAT to calculate p-value for the coefficient of X1. Is it significant? α = 0.05. Next, the T table and interpolate the p-value

d. perform an F test

Expert Solution

orchestra answered 2 years ago

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