THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 192

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose you are interested in determining the factors that influence the time required to prepare a tax return,and developed the model: Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₄X₄ + ε,where Y is the amount of time (in minutes),X₁ is the income of the individual (in thousands of dollars),X₂ is the age of the individual,X₃ is the number of people living in the household,and X₄ is a dummy variable that takes the value 1,if the individual owns his or her own home.After interviewing 40 accountants,you get the following results:
= 17.2 + 3.8x₁ - 1.04x₂ + 2.15x₃ + 15.1x₄,
= 5.3,
= 0.13,
= 0.33,
= 1.51,
= 4.7,SSR = 164.2,SSE = 200.7,and R² = 0.45.
-Interpret the estimated regression coefficient b₃.

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Definitions:

Rape Victims

Individuals who have been subjected to non-consensual sexual intercourse or other forms of sexual assault.

Gender Schemas

Gender schemas are cognitive structures that contain the understanding of the attributes and behaviors that are considered appropriate for males and females in a society.

Secondary Sex Characteristics

Physical features that emerge during puberty unrelated to reproduction, such as breast development in females and facial hair in males.

Gender Identity

A person's own perception of their gender identity, which can align or not with the gender assigned to them at birth.