Question: Consider the following data set. Cl is years of education, C2 is years of job experience, C3 is age, and C4 is annual salary.

Estimate the relationship:

C4 = a + b C1+ c(C2)+ d(C3)

Test whether education is significant at the 5% level.

Test the hypothesis that the entire model explains a significant amount of variation in the dependent variable at the 5%.

Find a 95% confidence interval estimate of the salary of a person with 14 years of education, 10 years of experience, and who is 31 years old.

Price: $2.99

Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document