Question: Use Mge data and create Multiple regression table but this time as input use ONLY two variables: EDUCATION and EXPERIENCE to predict WAGE. Answer questions

Use Mge data and create Multiple regression table but this time as input use ONLY two variables: EDUCATION and EXPERIENCE to predict WAGE. Answer questions 10 to 13. Choose the best fitting answer. 10. If a person has Number of years of EDUCATION = 14 and Number of years of work EXPERIENCE = 2 what would be his/her predicted WAGE? (5 points) ' O a. 2.43 O b. 6.42 O c. 8.27 0 d. 13.17 0 e. None of these 1 1 . What is the approximate error of this prediction? (5 points) 0 a. 0.20 O b. 4.6 O c. -4.90 0 d. 6565-05 0 e. None of these 12. if this person had one more year of work EXPERIENCE and two more years of EDUCATION how much higher would his/her predicted WAGE be? (5 points) Oa.1.96 Ob. 1.14 Oc.1.85 Od. 10.23
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