MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Suppose you ran a regression of AGE predicting INCOME (thousands of dollars). If your estimated line was INCOME = -1.5 + 1.2*AGE + ε, how much more income do you expect to make for every two years you age? (Express your answer in thousands of dollars.)
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