33. Given the regression model : 𝑆𝑎𝑙𝑎𝑟𝑦^=120+20.3𝐸𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒. Where Salary is in thousands of dollars and experience is t

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answerhappygod
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33. Given the regression model : 𝑆𝑎𝑙𝑎𝑟𝑦^=120+20.3𝐸𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒. Where Salary is in thousands of dollars and experience is t

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33. Given the regression model :π‘†π‘Žπ‘™π‘Žπ‘Ÿπ‘¦^=120+20.3𝐸π‘₯π‘π‘’π‘Ÿπ‘–π‘’π‘›π‘π‘’.
Where Salary is in thousands of dollars and experienceis the number of years. The t-statistic on the coefficient of𝐸π‘₯π‘π‘’π‘Ÿπ‘–π‘’π‘›π‘π‘’ is 5.6, with 𝑅2=0.68. Based on the following numbers,fully interpret everything
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