Answer (Choose 1 answer)
It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month) after graduation. Given below is the Excel output from regressing starting salary on number of hours spent studying per day for a sample of 51 students.
NOTE: Some of the numbers in the output are purposely erased.
The error sum of squares (SSE) of the above regression is
A. 427.0798
B. 1.8782
C. 335.0472
D. 92.0326
E. None of the other choices is correct
Regression Statistics
Multiple R
0.8857
R Square
0.7845
Adjusted R Square 0.7801
Standard Error
Observations
1.3704
51
ANOVA
df
SS
MS
F
1.8782
Regression 1
335.0472
335.0473
178.3859
Residual
Total
50 427.0798
Significance F
Coefficients
Standard Error t Stat p-value
Lower 95%
Upper 95%
Intercept -1.8940
Hours
0.4018
0.9795 0.0733
-4.7134
2.051E-05
13.3561
5.944E-18
-2.7015
0.8321
-1.0865
1.1269
Exit 27
