Question: The court for the town of Beekman had income of
The court for the town of Beekman had income of $83,941 (or $83,941 thousand). Find the best predicted salary for the justice. Is the result close to the actual salary of $26,088?
Find the regression equation using α = 0.05, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure.
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