Answered: Using the regression formula with a…

Using the regression formula with a slope = 5000 and intercept = 10,000, what would the predicted income be for someone who has 15 years of education? A. 60,000 B. 150,000 C. 85,000 D. 75,000

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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Question

Using the regression formula with a slope = 5000 and intercept = 10,000, what would the predicted income be for someone who has 15 years of education?

A. 60,000

B. 150,000

C. 85,000

D. 75,000

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