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Economics

Q. 696.7 is intercept of regression line. It determines overall level of line. B. standard error of regression (THESER) is 624.1. What are units of measurement for THESER? THESER is in same units as dependent variable (Y, or AWE in this example). Thus THESER is measures in dollars per week. C. regression R2 is .023. What are units of measurement for R2? R2 is unit free. D. What is regression's predicted earnings for a 25 year old worker? A 45 year old worker?

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Business Economics, Economics

Category:- Business Economics
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