Predict the Monthly income
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Question 1 - 3 refer to following variables:
- Dependent variable: Monthly Income
- Independent variable: Year of Education
Predict the Monthly income for 16 years of education (Round off to two decimal places if necessary).
![Table 1. Data from random sampling
Monthly Income
($1,000)
$1.8
Туре of
Punishment
Marital Status
Year of Education
Sentence months
2
2
12
$2.3
7
1
16
$2.5
1
10
2
18
$2.3
1
1
22
$3.8
2
14
1
$1.9
1
11
1
15
$3.2
2
14
2
$2.1
3
12
1
$1.9
2
7
1
15
$2.1
2
10
3
$2.1
3
12
10
$2.0
1
8
2
14
$2.6
2
2
13
$2.6
1
1
$2.0
1
7
2
11
$2.6
1
12
3
7
$1.9
2
1
11
$2.5
3
7
2
7
$2.1
1
9
1
11
$2.6
2
7
15
$2.3
1
10
1
3
$2.3
3
10
7
$2.5
1
8
1
$2.4
1
16
$2.7
1
1
16
$2.5
3
10
2
13
$1.9
3
10
3
4
$1.8
1
8
2
16
$2.6
2
11
1
6
$2.1
2
10
2
17
Type of Punishment
1
Probation/community service
2
Jail incarceration
3
Prison incarceration
Marital Status
1
Married
Single
Other
2
3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6cb6ddc7-4d63-48bb-9c7c-39545456f3ca%2F65f3a4e8-07ff-41c0-8a2f-afa72594782c%2Frpxekp5_processed.png&w=3840&q=75)
Transcribed Image Text:Table 1. Data from random sampling
Monthly Income
($1,000)
$1.8
Туре of
Punishment
Marital Status
Year of Education
Sentence months
2
2
12
$2.3
7
1
16
$2.5
1
10
2
18
$2.3
1
1
22
$3.8
2
14
1
$1.9
1
11
1
15
$3.2
2
14
2
$2.1
3
12
1
$1.9
2
7
1
15
$2.1
2
10
3
$2.1
3
12
10
$2.0
1
8
2
14
$2.6
2
2
13
$2.6
1
1
$2.0
1
7
2
11
$2.6
1
12
3
7
$1.9
2
1
11
$2.5
3
7
2
7
$2.1
1
9
1
11
$2.6
2
7
15
$2.3
1
10
1
3
$2.3
3
10
7
$2.5
1
8
1
$2.4
1
16
$2.7
1
1
16
$2.5
3
10
2
13
$1.9
3
10
3
4
$1.8
1
8
2
16
$2.6
2
11
1
6
$2.1
2
10
2
17
Type of Punishment
1
Probation/community service
2
Jail incarceration
3
Prison incarceration
Marital Status
1
Married
Single
Other
2
3
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman