Question: Answer Asap ! statistics problem ! QUESTION 1 Use a 5% significance level and the following regression estimates for weekly earnings to answer the following

Answer Asap ! statistics problem !

QUESTION 1 Use a 5% significance level and the following regression estimates for weekly earnings to answer the following questions [ p values in brackets] Earnings = 20 + 20*education + 30*experience + 20"hours [.01] [.01] [.01] [.015] R Square=.66 Does hours have a significant effect on earnings? Why or why not? [5] If education decreases by 4, what does predicted earnings change by? [5] What proportion of the variation in earnings does the model explain? [5] What is the predicted earnings for a person who has 20 years education, 40 years' experience, works 20 hours? [5] Manmade global warming models predicted Manhattan would be underwater by the year 2000 due to the melting ice caps caused by man made the models so wrong? [5] global warming. The CCP virus models predicted 2.2 million deaths due to the virus by May 2020. Why are do people use these models? Why are

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