The data in the table below are the monthly starting salary and the grade point average (GPA)

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The data in the table below are the monthly starting salary and the grade point average (GPA) of students who have obtained a bachelor’s degree in business administration.

Monthly

GPA Salary ($)

2.6 1800

3.4 2100

3.6 2500

3.2 2000

3.5 2400

2.9 2100

Using the computer printout provided below for the above data,

a. Write and interpret the equation for the regression line.

b. What is the coefficient of determination and what is its interpretation?

c. Is the slope coefficient statistically significant at the 5% level? Justify your answer.

Related Book For answer-question

Statistics for the Behavioral Sciences

ISBN: 978-1111830991

9th edition

Authors: Frederick J Gravetter, Larry B. Wallnau

See More Books

Posted Date: Jan 05, 2021 03:47 PM

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The data in the table below are the monthly starting salary and the grade point average (GPA)

Question:

Expert Answer:

a The estimated regression equation is 209055811x The p... View the full answer

Statistics for the Behavioral Sciences

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