The median compensation (including salary and bonus) of college presidents was $870 thousand in 2010 and increased
Question:
a. Is there a linear association between t and C? Explain. If there is a linear association, find the slope and describe what it means in this situation.
b. What is the C-intercept? What does it mean in this situation?
c. Find an equation of the model.
d. Graph the model by hand.
e. Estimate the median compensation in 2014.
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