13 Data on tuition and mid-career salary are collected from a number of universities and colleges. The resultof the data collection is the linear regression modelý = - 0.97z + 154where z annual tuition and yaverage mid-career salary of graduates, both in thousands of dollars.1. Which quantity is the independent variable?average mid-career salary of graduatesO annual tuition2. According to this model, what is the average salary for a graduate of a college or university wherethe annual tuition is $30,000?3. What is the slope of this regression model?

here compare given regression model with standard regreesion equation

Answered: 1. Which quantity is the independent…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 4SGR

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Data on tuition and mid-career salary are collected from a number of universities and colleges. The result of the data collection is the linear regression model ŷ where x = annual tuition and y = average mid-career salary of graduates, both in thousands of dollars. = 0.84x + 161 1. Which quantity is the independent variable? annual tuition average mid-career salary of graduates 2. According to this model, what is the average salary for a graduate of a college or university where the annual tuition is $30,000? S 3. What is the slope of this regression model?
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1. Which quantity is the independent variable? average mid-career salary of graduates O annual tuition 2. According to this model, what is the average salary for a graduate of a college or university where the annual tuition is $30,000? 3. What is the slope of this regression model?