The following are data on the ages and incomes of a random sample of 5 executivesworking for XYZ corporation and their academic achievement while in college.y=Income( inthousand pesos)AgeX1AcademicAchievementYX281.7381.573.3302.089.5461.7579.0401.7569.9322.50a. Fit an equation of the form y=bo + b1x +b2X2 to the equation of the given data.b. Use the equation obtained in (a) to estimate the average income of a 35-yearold executive with 1.25 academic achievement.

Regression: The regression analysis is conducted here by using EXCEL. The software procedure is…

Answered: The following are data on the ages and…

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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