Question: A multiple regression equation is = -35,000 + 130x 1 + 20,000x 2 , where x 1 is a person's age, x 2 is the

A multiple regression equation is A multiple regression equation is  = -35,000 + 130x1 + 20,000x2, where x1 is a = -35,000 + 130x1 + 20,000x2, where x1 is a person's age, x2 is the person's grade point average in college, and y is the person's income. Predict the income for a person who is 25 years old and had a college grade point average of 3.8:

A.

$79,250

D.

$114,250

B.

$465,494

E.

$44,250

C.

$442,500

 

 

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