
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
Data was collected to explain an employee’s annual income raise (expressed in $’s) based on the employee’s rating (on a scale of 1-20)
Based on the regression results, answer the following questions
g) What is the effect on “raise” of getting a 1 point higher rating?
h) What is the 95% confidence interval for the coefficient of rating?

Transcribed Image Text:Complete the Table Below
Regression
Statistics
Multiple R
R Square
Adjusted R Square
0.709
Standard Error
Observations
8.
ANOVA
df
SS
MS
F
Significance F
Regression
726978.8
18.0
0.005394931
Residual
241771.2
Total
Standard
Upper
95%
Coefficients
Error
t Stat
P-value
Lower 95%
Intercept
rating
-201.5
543.6
0.724
146.5
34.5
0.005
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