696.7 is the intercept of the regression line. It determines the overall level of the line. B. The standard error of the regression (SER) is 624.1.

696.7 is the intercept of the regression line. It determines the overall level of the line. B. The standard error of the regression (SER) is 624.1. What are the units of measurement for the SER? SER is in the same units as the dependent variable (Y, or AWE in this example). Thus SER is measures in dollars per week. C. The regression R2 is .023. What are the units of measurement for the R2? R2 is unit free. D. What is the regression"s predicted earnings for a 25 year old worker? A 45 year old worker?