In: Statistics and Probability
The following estimated regression equation 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 + .7x1 + 3x2
Also provided are SST = 1200 and SSE = 384. If we want to test for
the significance of the model, the critical value of F at
α = .05 is
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