Tag: weak correlations
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Write out the regression equation. How much does each year of education and each year of experience add to the annual wage?
Refer to the Wage data which reports information on annual wages for a sample of 100 workers. This data set includes variables relating to industry, years of education, and the gender for each worker. Determine the regression equation using annual wage as the dependent variable and year of education, gender, years of work experience, age…