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) . 
= 30 + .7x1 + 3x2
Also provided are SST = 1200 and SSE = 384.The estimated income (in $) of a 30-year-old male is
Definitions:
Relevant Financial Information
Financial data or insights that can inform decision-making processes, typically relating to a company's performance, market trends, or economic conditions.
Decision Making
The cognitive process of selecting a course of action from among multiple alternatives.
Efficient Market Hypothesis
A theory that suggests all existing information is fully reflected in stock prices, implying that stocks always trade at their fair value.
Firm-specific Variables
Factors that affect an individual company's stock price, operational efficiency, profitability, and risk profile, distinct from market-wide influences.
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