For the 2018 GSS, You Regress Number of Hours of Television

question 2

Multiple Choice

For the 2018 GSS, you regress number of hours of television watched on the average day (Y) on number of years of education completed (X) and obtain the following result:
Y = 4.78 - .15X. How much change in hours of television watched is associated with a change of one year in a respondent's education?

• A) 1
• B) 4.78 - .15
• C) 4.78
• D) -.15

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Definitions:

Effective Annual Rate

The interest rate on an investment or loan, annualized for compounding over a given period more than once a year.

APR

Annual Percentage Rate; a measure of the cost of credit, expressed as a yearly interest rate.

Rate of Compounding

The rate at which an investment grows due to compounding, where interest earns interest over periods.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from a country's central bank.