Question: A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age + 1,300 *
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. You might be given different values for each attempt. Suppose that a customer is 36 years old, has 13 of years of education, and has a household wealth of $125,612. What is the predicted bank balance?
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