Question: he estimated regression equation is: = 25 + 0.1 x 1 + 30x 2 where : Starting salary for a new Law School graduate (in
he estimated regression equation is:=25 + 0.1x1+ 30x2
where:Starting salary for a new Law School graduate (in thousands of dollars).
x1:Score on LSAT.x2:Dummy variable, where 1 is the private sector and 0 is the public sector.
Estimate the starting salary for a new graduate with an LSAT score of 160 who is entering the private sector.
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