All the answers are dependent on the first question. Beginning with the second o

Question

All the answers are dependent on the first question. Beginning with the second order model. First find The df for the model and the error.
This is the only information that was given. 1 I Use this problem for question 20. se this problem for question20. In an effort to model executive compensation, 38 firms were selected and data were gathered for the following variables X2= Profits (millions of dollars) 20. For the second order linear model, what are the following equal to? X1- Sales (millions of dollars) X3- Employment y compensation (thousands of dollars) y - compensation (thousands of dollars) df for the model- and df for error=

Explanation / Answer

20

Degree of freedom of the model =4-1 =3

Degree of freedom of the error = N-k-1= 38-3-1= 34

18. Answer is B

17. They are significant

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