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19-12-2022
Mathematics

Answered

Below is the output of a linear regression using data from the May 1985 Current Population Survey by the US Census Bureau. The variables used in the model are as follows: wage: Hourly wage paid to a worker, in US dollars. education: Number of years of education. age: Age in years. sector: Factor with levels manufacturing, construction, other. What hourly wage would you predict for a 45 year old male with 12 years of education who is working in manufacturing? Please round numbers to one digit after the decimal to simplify your calculations.

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