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Exhibit 14-10.A sociologist examines the relationship between the poverty rate and several socioeconomic factors.For the 50 states and the District of Columbia (n = 51) ,he collects data on the poverty rate (y,in %) ,the percent of the population with at least a high school education (x1) ,median income (x2,in $1000s) ,and the mortality rate per 1,000 residents (x3) .He estimates the following model: .The following table shows a portion of the regression results.
Notes: Data obtained from the Statistical Abstract of the US for the year 2007. Refer to Exhibit 14-10.What is the mean square error,MSE?
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An introductory letter accompanying a portfolio, summarizing the contents and highlighting the relevance and strengths of the work presented.
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