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The Following Estimated Regression Equation Was Developed Relating Yearly Income y^\hat { y }

question 7

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The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female) . y^\hat { y } = 30 + .7x1 + 3x2

Also provided are SST = 1200 and SSE = 384.The estimated income (in $) of a 30-year-old male is

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