A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the...

A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness,<br>measured on a scale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + e. The following table summarizes a portion of<br>the regression results.<br>Standard<br>Coefficients<br>Error<br>t-stat<br>p-value<br>Intercept<br>56.1797<br>5.2154<br>10.7719<br>0.0000<br>Age<br>0.2874<br>0.0841<br>3.4174<br>0.0041<br>At the 10% significance level, which of the following is the correct confidence interval of the regression coefficient B1?<br>Multiple Choice<br>(0.1230, 0.4318]<br>[0.1230, 0.1570]<br>(0.1430, 0.4318]<br>(0.1430, 0.1570]<br>

Extracted text: A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + e. The following table summarizes a portion of the regression results. Standard Coefficients Error t-stat p-value Intercept 56.1797 5.2154 10.7719 0.0000 Age 0.2874 0.0841 3.4174 0.0041 At the 10% significance level, which of the following is the correct confidence interval of the regression coefficient B1? Multiple Choice (0.1230, 0.4318] [0.1230, 0.1570] (0.1430, 0.4318] (0.1430, 0.1570]

Jun 11, 2022

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A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the...

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