Demographic Variables and TV Narrative

question 106

Essay

Demographic Variables and TV Narrative
A statistician wanted to determine if the demographic variables of age, education, and income influence the number of hours of television watched per week. A random sample of 25 adults was selected to estimate the multiple regression model: , where y is the number of hours of television watched last week, is the age (in years), is the number of years of education, and is income (in $1000s). The computer output is shown below.
The regression equation is S = 4.51 R-Sq = 34.8%
Analysis of Variance
-Refer to Demographic Variables and TV Narrative. Interpret the coefficient .

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Definitions:

Common Shares

Units of ownership in a company that grant shareholders rights to vote on company matters and receive dividends, representing equity in the corporation.

Gross Profit

The income a company retains after subtracting the expenses related to the production and sale of its goods, or the expenses incurred from providing its services.

Non-Controlling Interest (NCI)

The portion of equity in a subsidiary not owned by the parent company, also known as minority interest.

Fiscal Net Income

The difference between total revenue and total expenditures of a government over a specified financial period, often used to gauge a government's financial health.