Pursuing an MBA is a major personal investment Tuson and expenses associated with business school programs are costly, but the high costs come with hopes of career advancement and high salaries. A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year sution as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The data are stored in the accompanying table. Complete parts (a) through (e) below. Click the icon to view the data on program per-year tuition and mean starting salary a. Construct a scatter plot. Choose the correct graph below 200.000- Tullion (33) OB 200,000- Tun b. Assuming a linear relationship, use the l --13404 squares method to determine the regression coefficients by and by b₁-2.43 (Round the value of by to the nearest integer as needed. Round the value of by to two decimal places as needed.) c. Interpret the meaning of the slope, by, in this problem. Select the correct choice below and fill in the answer box to complete your choice (Round to the nearest dollar as needed.) OA. For each increase in starting salary upon graduation of $100, the mean tution is expected to increase by s OB. The approximate starting salary upon graduation when the tuition is 50 is s OC. For each increase in tuition of $100, the mean starting salary upon graduation is expected to increase by 3 00. The approximate tuition when the mean starting salary is $0 is S F Ос Starting Salary OD a G 200.000 Sting Salary (

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