2. Suppose that a researcher collected the following data on years of education (X) and number...
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2. Suppose that a researcher collected the following data on years of education (X) and number of children (Y) for a sample of 10 married adults: X Y 12 2 14 1 17 10 8 0353 9 12 4 14 2 18 0 16 2 a. Draw a scatter plot of the data. b. Calculate the OLS regression line's slope and Y-intercept (i.e., the constant). Interpret the value of the Y-intercept. Interpret the value of the slope. C. Draw the regression line on the scatter plot. d. What number of children does the regression model predict for a married adult with 11 years e. of education? For someone with 22 years of education? Find the coefficient of determination and interpret what it tells you about the relationship between education and number of children. 2. Suppose that a researcher collected the following data on years of education (X) and number of children (Y) for a sample of 10 married adults: X Y 12 2 14 1 17 10 8 0353 9 12 4 14 2 18 0 16 2 a. Draw a scatter plot of the data. b. Calculate the OLS regression line's slope and Y-intercept (i.e., the constant). Interpret the value of the Y-intercept. Interpret the value of the slope. C. Draw the regression line on the scatter plot. d. What number of children does the regression model predict for a married adult with 11 years e. of education? For someone with 22 years of education? Find the coefficient of determination and interpret what it tells you about the relationship between education and number of children.
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