Consider the following estimated regression model relating annual salary to years of education and work experience. Estimated Salary = 11,523.70 +3127.21 (Education) +972.22(Experience) Suppose an employee with 11 years of education has been with the company for 4 years (note that education years are the number of years after 8th grade). According to this model, what is his estimated annual salary? Answer Tables

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Consider the following estimated regression model relating annual salary to years of education and work experience.
Estimated Salary = 11,523.70 +3127.21 (Education) +972.22 (Experience
Suppose an employee with
11 years of education has been with the company for
4 years (note that education years are the number of years after
8th grade). According to this model, what is his estimated annual salary?
Answer
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Transcribed Image Text:Consider the following estimated regression model relating annual salary to years of education and work experience. Estimated Salary = 11,523.70 +3127.21 (Education) +972.22 (Experience Suppose an employee with 11 years of education has been with the company for 4 years (note that education years are the number of years after 8th grade). According to this model, what is his estimated annual salary? Answer ©2022 Hawkes Learni 1 option S X 3 H command E D 4 C R F 5 V T G MacBook Pro B Y H & 7 U N * 8 J 1 M ( 9 K O < ) 0 L P : Tables Submit Answer { Keybo [
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