Question: The following estimated multiple regression equation was developed relating the yearly income (y in $1,000s) of 50 individuals with their age (x 1 ) and

The following estimated multiple regression equation was developed relating the yearly income (y in $1,000s) of 50 individuals with their age (x₁) and their gender (x₂) (1 if male and 0 if female).

The following estimated multiple regression equation was developed relating the yearly income = 35 + 0.33x₁+ 2.28x₂

Also provided are SST = 9,000 and SSE = 1,100. The estimated income (in $) of a 30-year-old male is what?

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