Exhibit 13-8
the Following Estimated Regression Model Was Developed Relating $\hat { Y }$

question 3

Multiple Choice

Exhibit 13-8
The following estimated regression model was developed relating yearly income Y in $1,000s) of 30 individuals with their age X1) and their gender X2) 0 if male and 1 if female) .
$\hat { Y }$ =30+0.7X1+3X2
Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 13-8. From the above function, it can be said that the expected yearly income of

• A) males is $3 more than females
• B) females is $3 more than males
• C) males is $3,000 more than females
• D) females is $3,000 more than males

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Definitions:

Reconstruction-era

The period following the American Civil War, focused on the integration of the Southern states back into the Union and the legal and societal changes post-slavery.

Woodrow Wilson

Woodrow Wilson was the 28th President of the United States (1913-1921), noted for leading the country during World War I, advocating for the League of Nations, and implementing segregationist policies in federal agencies.

Executive Order

A directive issued by the President of the United States that manages operations of the federal government.

Segregated Federal

Policies or practices within federal institutions that separate people based on race.