Question: Based on the t-values, let's evaluate each coefficient and their individual hypothesis: WAGE: We conclude that we (reject, not reject) the null hypothesis. The variable

Based on the t-values, let's evaluate each

Based on the t-values, let's evaluate each coefficient and their individual hypothesis: WAGE: We conclude that we (reject, not reject) the null hypothesis. The variable WAGE (is, is not) significant to explain HRSWORK. NCHILD: we conclude that we (reject, not reject) the null hypothesis. The variable NCHILD(is, is not) significant to explain HRSWORK. the null hypothesis. The variable EDUC (is, is not) EDUC: we conclude that we (reject, not reject) significant to explain HRSWORK. SUMMARY OUTPUT Regression Statistics Multiple R 0.208103065 R Square 0.043306886 Adjusted R Squa 0.040907154 Standard Error 7.31857795 Observations 1200 ANOVA df SS 3 Regression Residual Total MS F Significance F 966.601884 18.04655 1.8587E-11 53.5615832 2899.805653 64059.65351 66959.45917 1196 1199 Intercept WAGE NCHILD EDUC Coefficients Standard Error t Stat 33.0265 1.216229673 27.1548598 -0.0357 0.017593853 -2.03015877 -0.4501 0.195097367 -2.30716546 0.6151 0.089492729 6.8734358 P-value Lower 95% Upper 95% .ower 95.0%Jpper 95.0% 6.9E-127 30.6403651 35.41273 30.64037 35.41273 0.042561 -0.07023656 -0.0012 -0.07024 -0.0012 0.021216 -0.83289308 -0.06735 -0.83289 -0.06735 1.01E-11 0.43954232 0.790703 0.439542 0.790703

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