Discuss the bellow:
Q1 What is the R^2 Value for your regression equation?
Q2 What is the value of the coefficient of Blue Collar in your equation?
Q3 What is the lower limit of the 95% CI for this coefficient?
Q4 What is the upper limit of the 95% CI for this coefficient?
Q5 Interpret the 95% confidence interval for the B1 parameter
Q6 What is the p-value for your ANOVA test?
Q7 Interpret your ANOVA table - does the explanatory variable provide
Q8 Interpret your ANOVA table - does the explanatory variable provide at least some power in estimating the dependent variable?
Q9 What is the relationship between the t-ratio for the estimated coefficient of the explanatory variable and the F-ratio in the ANOVA section of the output?
Q10 Do these two test statistic values provide the same indication regarding a possiible relationship between yearly changes in the wages and salaries of white-collar and blue-collar workers? Explain why or why not.