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Exhibit 15-8 The Following Estimated Regression Model Was Developed Relating Yearly Income

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Exhibit 15-8
The following estimated regression model was developed relating yearly income (y in $1,000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female) . Exhibit 15-8 The following estimated regression model was developed relating yearly income (y in $1,000s)  of 30 individuals with their age (x<sub>1</sub>)  and their gender (x<sub>2</sub>)  (0 if male and 1 if female) .   = 30 + 0.7x<sub>1</sub> + 3x<sub>2</sub> Also provided are SST = 1,200 and SSE = 384. -Refer to Exhibit 15-8. If we want to test for the significance of the model, the critical value of F at a 5% significance level is A) 3.33 B) 3.35 C) 3.34 D) 2.96 = 30 + 0.7x1 + 3x2
Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 15-8. If we want to test for the significance of the model, the critical value of F at a 5% significance level is

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