Question: A 17 3 Is there a relationship between the raises administrators at State University receive and their performance on the job? A faculty group wants

A 17 3 Is there a relationship between the raises administrators at State University receive and their performance on the job? A faculty group wants to determine whether job rating (x) is a useful linear predictor of raise (y). Using the method of least squares, the faculty group obtained the following prediction equation, y = 14, 000 + 2, 000x. Interpret the estimated slope of the line For an administrator with a rating of 1.0, we estimate his/her raise to be $2,000. For a $1 increase in an administrator's raise, we estimate the administrator's rating to decrease 2,000 points. For a 1-point increase in an administrator's rating, we estimate the administrator's raise to decrease $2,000. For a 1-point increase in an administrator's rating, we estimate the administrator's raise to increase $2,000
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