Question: Multiple choice question What is the constant (Y intercept) for the following table (please show calculation): a) 2419.35 b) -7677.42 c) 3571.43 d) 54534.56 then
Multiple choice question
What is the constant (Y intercept) for the following table (please show calculation):
a) 2419.35
b) -7677.42
c) 3571.43
d) 54534.56
then by using the best fitting line, what is the predicted income of someone with 14 years of education?
a) 41548.32
b) 26194.18
c) 33644.84
d) 33870.90

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