What is the coefficient of determination telling us

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Assignment: Earnings Comparison Model Quantitative Analysis

I. Write a multiple regression equation for the information provided in the table.

II. What is the coefficient of determination telling us?

III. Is the regression significant at 0.05? Why? What does it mean?

IV. Who will earn more: 29 years old female with Ph.Dand whose partner's income is $78000 or a 32 year old male with a BA and whose partner income is $70000

Reference no: EM133728689

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