You ran a regression of income (y) on years of education (x). Income is measured in thousands of US$. Because of heteroscedasticity, you transformed your dependent variable. Your regression line is now: predicted ln (income) = 2.4 + 0.06 x education What is the predicted income for a person who has 9 years of education? A. $12,940
B. $ 18,916
C. $ 29,400
D. $ 2,940
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You ran a regression of income (y) on years of education (x). Income is measured in thousands of US$. Because of heteroscedasticity, you ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the factored polynomial 3n^2-48
Answers (1)
The times it takes runners to complete a certain marathon are normally distributed with a mean of 4.6 hours and a standard deviation of 1.1 hours. What is the time for a runner with a z-score of - 1.
Answers (1)
A pyramid has a height of 10 inches and a base with an area of 21 square inches. Find the volume of the pyramid a.) 35in^3 b.) 210in^3 c.) 105in^3 d.) 70in^3
Answers (1)
Michael must drive 120 miles in under 3 hours. If his speed in miles per hour is s, then 120/s < 3. Solve the inequality for s.
Answers (1)
Solve the equation - 10 + 1 + 7x = 37
Answers (2)
New Questions in Mathematics
The graph of g (x) is obtained by reflecting the graph of f (x) = 4|x| over the x-axis. Which equation describes g (x) ? A) g (x) = |x-4| B) g (x) = |x+4| C) g (x) = -4|x| D) g (x) = |x|-4
Answers (1)
Can you simplify a+2/5a^2+6*3/6
Answers (1)
What are the solutions of |6x-1| ≤ 23? Write the solutions as either the union or the intersection of two sets.
Answers (1)
The O'Malley family is driving cross-country to see their cousins. So far, they have traveled 275 miles. This is 1/5 of the way to their cousins' house. How far do the O'Malleys live from their cousins?
Answers (1)
a sun in a distance galaxy has an estimated mass of 1.61244 * 10 ^32 kg and the earth has a mass of 5.972 * 10^24 kg, how many earths would it take to equal the mass of the sun?
Answers (1)