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TABLE 13-9
It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month) after graduation. Given below is the Excel output for predicting starting salary (Y) using number of hours spent studying per day (X) for a sample of 51 students. NOTE: Only partial output is shown.
Note: 2.051E - 05 = 2.051*10⁻⁰⁵ and 5.944E - 18 = 5.944*10⁻¹⁸.
-Referring to Table 13-9, the degrees of freedom for the F test on whether HOURS affects SALARY are
Probability
A scale from 0 to 1 that measures how likely an event will take place.
Basketball Player
An individual who participates in the sport of basketball, either professionally or recreationally.
Guesses
Attempts at answering or making predictions without sufficient information or knowledge on the subject.
Probability
A measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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