Exhibit 15-8The following estimated regression model was dev…
Exhibit 15-8The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X1) and their gender (X2) (0 if male and 1 if female).Also provided are SST = 1,200 and SSE = 384.Refer to Exhibit 15-8. The estimated income of a 30-year-old male is