Question: QUESTION 1 (Use the information to answer questions #1 to #6). Does years of experience affect the salary earned by a person?. Below is a

 QUESTION 1 (Use the information to answer questions #1 to #6).Does years of experience affect the salary earned by a person?. Below

QUESTION 1 (Use the information to answer questions #1 to #6). Does years of experience affect the salary earned by a person?. Below is a scatter plot of years of experience vs salary for a group of individuals. The coefficient of determination ; ,2-0.93. Least squares regression equation is given by : Salary=38000+6700*Years of Experience Salary vs Experience (Traininig set) 120000 100000 Salary= 38000+6700 Years of experience Salary 80000 60000 .. 40000 6 8 10 Years of experienceQUESTION 6 Can we use the least squares regression equation to predict the salary for Jill who has 9.5 years of experience? O a. NO Ob. YES O c. We need more data O d. Maybe Yes or NO

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