Sex Costs NOTES

1 $6,457.31 SUMMARY OUTPUT Multiple R = strength of the linear relationship between actual and
1 $3,625.43 estimated values for the dependant variables (-1.0 to 1.0) where 1.0
1 $2,510.78 Regression Statistics = good DIRECT relationship -1.0=good INDIRECT relation
1 $8,228.22 Multiple R 0.017387 R square = goodness of fit measure range 0.0-1.0, higher the better
1 $3,331.56 R Square 0.000302 the fit
1 $7,254.36 Adjusted R -0.01484
1 $29,766.29 Standard Er 6678.125
1 $5,881.90 Observation 68
1 $4,901.39
1 $1,853.67 ANOVA
1 $2,015.86 df SS MS F ignificance F
1 $7,900.35 Regression 1 890089.2 890089.2 0.019958 0.888084
1 $2,272.61 Residual 66 2.94E+09 44597348 INTERPRETATION: To test the hypothesis that the cost for women
1 $12,262.95 Total 67 2.94E+09 is equal to the cost for men against the alternative that they are not
1 $6,778.67 equal. The p-value is 0.888 is higher than the normal value for alpha
1 $33,081.06 Coefficientstandard Erro t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0% which is 0.05 hence there is not enough evidence to reject the null
1 $8,650.08 Intercept 6624.635 1145.289 5.784248 2.18E-07 4337.992 8911.278 4337.992 8911.278 hypothesis that the cost for women is not equal to the cost of men
1 $1,548.56 Sex 228.8191 1619.683 0.141274 0.888084 -3004.98 3462.621 -3004.98 3462.621 and hence have to accept the alternative that the costs for men and
1 $8,215.43 women are equal
1 $5,029.43
1 $2,223.05
1 $1,723.00
1 $6,892.79
1 $6,646.63
1 $3,769.42
1 $4,824.50
1 $7,409.93
1 $4,287.45
1 $5,411.53
1 $2,694.11
1 $4,703.77
1 $1,248.09
1 $4,596.00
0 $1,752.96
0 $29,821.74
0 $1,907.73
0 $5,097.72
0 $7,574.53
0 $1,295.30
0 $15,259.68
0 $4,169.06
0 $11,045.79
0 $4,745.26
0 $4,283.55
0 $1,797.81
0 $6,774.32
0 $24,985.78
0 $4,286.90
0 $5,458.13
0 $9,792.65
0 $3,782.60
0 $5,249.46
0 $3,020.36
0 $2,524.01
0 $17,605.59
0 $5,810.96
0 $3,054.19
0 $5,672.18
0 $5,051.76
0 $5,470.64
0 $1,438.85
0 $7,099.69
0 $4,758.89
0 $3,720.09
0 $4,278.73
0 $4,561.72
0 $2,088.95