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amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, if a male and female each spend the same amount of time at the ATM machine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive number and if a male withdraws less then your answer should be a negative number?

amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, if a male and female each spend the same amount of time at the ATM machine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive number and if a male withdraws less then your answer should be a negative number?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, if a male and female each spend the same amount of time at the ATM machine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive number and if a male withdraws less then your answer should be a negative number? (please express your answer using 1 decimal places)
The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and =0 for males) and an interaction term, SECONDS*FEMALE SUMMARY OUTPUT Regression Statistics Multiple R 0.503 R Square Adjusted R Square Standard Error Observations 50 ANOVA df MS Significance Regression. 2728.7 5.19 0.004 Residual 24161.8 525.3 Total 32348 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 130.2 23.51 5.89 91.03 185.67 Seconds -1.93 0.644 0.002 -3.401 -0.839 Female -67.1 30.6 -2.26 137.33 -8.07 Seconds*Female 2.1 0.89 2.8 0.007 0.67 Based on the regression results, if a male and female each spend the same amount of time at the ATM matchine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive mumber and if a male withdraws less then your answer should be a negative number? (please express your answer using 1 decimal places)
Transcribed Image Text:The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and =0 for males) and an interaction term, SECONDS*FEMALE SUMMARY OUTPUT Regression Statistics Multiple R 0.503 R Square Adjusted R Square Standard Error Observations 50 ANOVA df MS Significance Regression. 2728.7 5.19 0.004 Residual 24161.8 525.3 Total 32348 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 130.2 23.51 5.89 91.03 185.67 Seconds -1.93 0.644 0.002 -3.401 -0.839 Female -67.1 30.6 -2.26 137.33 -8.07 Seconds*Female 2.1 0.89 2.8 0.007 0.67 Based on the regression results, if a male and female each spend the same amount of time at the ATM matchine (say 27 seconds), how much more (or less) will a male withdraw? (if a male withdraws more then your answer should be a positive mumber and if a male withdraws less then your answer should be a negative number? (please express your answer using 1 decimal places)
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