K The least-squares regression equation is y = 745.9x + 12,727 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7779. Complete parts (a) through (d). (... ... Median Income 55000 20000 15 20 25 30 35 40 45 50 55 60 Bachelor's % G (a) Predict the median income of a region in which 25% of adults 25 years and older have at least a bachelor's degree. $ (Round to the nearest dollar as needed.)
K The least-squares regression equation is y = 745.9x + 12,727 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7779. Complete parts (a) through (d). (... ... Median Income 55000 20000 15 20 25 30 35 40 45 50 55 60 Bachelor's % G (a) Predict the median income of a region in which 25% of adults 25 years and older have at least a bachelor's degree. $ (Round to the nearest dollar as needed.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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