Question: Based on the following table, what is the sample regression equation? Coefficients Standard Error t Stat p-value Intercept 10,667.2167 7,538.0564 1.311 0.1927 Cost 0.1512 0.9410

Based on the following table, what is the sample regression equation?

Coefficients Standard Error t Stat p-value Intercept 10,667.2167 7,538.0564 1.311 0.1927 Cost 0.1512 0.9410 3.917 0.0002 Grad 184.4909 59.5840 2.574 0.0114 Debt 120.8303 110.0560 1.207 0.2300 Multiple Choice

Earnings = 10,667.2167 + 0.1512Cost + 184.4909Grad + 120.8303Debt

Earnings = 10,667.2167 0.151Cost + 184.4909Grad + 120.830Debt

Earnings = 10,667.2167 0.151Cost + 184.4909Grad 120.830Debt

Earnings = 10,667.2167 + 0.151Cost + 184.4909Grad 120.830 Debt

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!