Question: Find the sample regression equation for the model: Salary = 0 + 1Education + . Note: Round your answers to 2 decimal places. Interpret the

Find the sample regression equation for the model: Salary = 0 + 1Education + . Note: Round your answers to 2 decimal places. Interpret the coefficient for Education. multiple choice As Education increases by 1 year, an individual's annual salary is predicted to increase by about $21,950. As Education increases by 1 year, an individual's annual salary is predicted to increase by about $32,800. As Education increases by 1 year, an individual's annual salary is predicted to increase by about $10,850. Correct As Education increases by 1 year, an individual's annual salary is predicted to increase by about $11,100. What is the predicted salary (in $) for an individual who completed 7 years of higher education? Note: Do not round intermediate calculations. Round your final answer to nearest whole number

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