The least-squares regression equation is y = 743.3x+ 12,990 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 0.7921. Complete parts (a) through (d). 55000- 20000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % (a) Predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. $ (Round to the nearest dollar as needed.) Median Income

The least-squares regression equation is y = 743.3x+ 12,990 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 0.7921. Complete parts (a) through (d). 55000- 20000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % (a) Predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. $ (Round to the nearest dollar as needed.) Median 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

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