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Forty-Eight Observations of a Dependent Variable (Y) and Five Independent

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Essay

Forty-eight observations of a dependent variable (Y) and five independent variables resulted in an SSE of 438. When two additional independent variables were added to the model, the SSE was reduced to 375. At 95% confidence, determine whether or not the two additional independent variables contribute significantly to the model.


Definitions:

Family Allowance

Government-provided benefits paid to parents or guardians to help with the costs of raising children.

Blended Families

Families formed by the merging of two previously separate units into a single household, often involving parents with children from previous relationships.

Suburb Conformity

Refers to the phenomenon where individuals living in suburban areas tend to conform to certain social norms and expectations, often prioritizing uniformity and stability.

Extended Family

A social unit that includes not only the nuclear family (parents and their children) but also a broader circle of relatives like grandparents, aunts, uncles, and cousins.

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