A large school district is reevaluating its teachers' salaries. They have decided to use regression analysis to
Question:
Y = 23,313.22 + 1,210.89X, where Y = salary and X = years of experience
(a) If a teacher has 10 years of experience, what is the forecasted salary?
(b) If a teacher has 5 years of experience, what is the forecasted salary?
(c) Based on this equation, for every additional year of service, a teacher could expect his or her salary to increase by how much?
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Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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