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Question
Based on the data of 722 workers, the following equation was estimated begin mathsize 12px style stack e d u c with hat on top space equals space 10.36 space minus space 0.094 space s i b s space plus space 0.131 space m e d u c space plus space 0.210 space f e d u c end style where educ is years of schooling, sibs is number of siblings, meduc is mother's years of schooling and feduc is father's years of schooling. Suppose that worker A has no siblings, and her mother and father each have 12 years of education. Worker B has no siblings, and her mother and father have 16 years of education. What is the predicted difference in years of education between B and A?
Financial Statement Analysis and Preparation
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