Find the regression equation using age as the independent variable and Starting_Sal as the dependent variable. Predict the starting salary for afor a 22 year old person

Here is the Calculation:

fit<-lm(Starting_Sal~Age)

> summary(fit)

Call:

lm(formula = Starting_Sal ~ Age)

Residuals:

Min1Q Median3QMax

-4253-3280-235137045094

Coefficients:

Estimate Std. Error t value Pr(>|t|)

(Intercept) 37413.402086.1317.934<2e-16 ***

Age-60.38108.48-0.5570.579

---

Signif. codes:0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1

Residual standard error: 3531 on 162 degrees of freedom

Multiple R-squared:0.001909,Adjusted R-squared:-0.004252

F-statistic: 0.3098 on 1 and 162 DF,p-value: 0.5786

Would it be 37413.4-60.38 x22.???

36.085.04

Find the regression equation using age as the independent variable, and pulse rate as the dependent variable. The estimate of pulse rate when age is equal to 78 would be considered an extrapolation.

Group of answer choices

True

False