Question: A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age +1300 *years education

A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age +1300 *years education + 0.116 * household wealth. a. Explain how to interpret the numbers in this model.

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