A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n = 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x₁), median income (x₂, in $1000s), and the mortality rate per 1,000 residents (x₃). He estimates the following model as y = β₀ + β₁Education + β₂Income + β₃Mortality + ε. The following ANOVA table shows a portion of the regression results. Which of the following is the value of the standard error of the estimate? A) 1.47 B) 1.21 C) 139.1 D) 4.8

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The Answer of A sociologist examines the relationship between the poverty rate and several socioeconomic factors. For the 50 states and the District of Columbia (n = 51), he collects data on the poverty rate (y, in %), the percent of the population with at least a high school education (x₁), median income (x₂, in $1000s), and the mortality rate per 1,000 residents (x₃). He estimates the following model as y = β₀ + β₁Education + β₂Income + β₃Mortality + ε. The following ANOVA table shows a portion of the regression results. Which of the following is the value of the standard error of the estimate? A) 1.47 B) 1.21 C) 139.1 D) 4.8

A Sociologist Examines the Relationship Between the Poverty Rate and Several