Question: 2. A bank developed a model for predicting the average checking and savings account balance as balance =17,732+367 age +1,300 years education +0.116 household wealth.
2. A bank developed a model for predicting the average checking and savings account balance as balance =17,732+367 age +1,300 years education +0.116 household wealth. (2 Points) a. Explain how to interpret the numbers in this model. b. Suppose that a customer is 32 years old, is a college graduate (so that years education =16), and has a household wealth of $150,000. What is the predicted bank balance
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