Question: Calculate standard error for the beta from the above regression equation Significance Test on Regression Coefficient Directions: Education is associated with personal income. The GSS

Calculate standard error for the beta from the above regression equation

Significance Test on Regression Coefficient Directions: Education is associated with personal income. The GSS collects information about the total number of years of education (X = educ) completed by the respondents and the yearly income (Y = Income). Use the following two variables (educ, Income) from the 2018 GSS survey data to answer the following questions. ID Educ Income 1 13 344 2 4 20 3 18 508 4 8 116 12 275 6 9 182 10 216 8 16 419 9 9 175 10 15 384 11 12 274 12 11 250 When: Y= -140 + 35.34 (X) E ( Xi - X) = 14.63

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