Question: QUESTION 27 5 points Save Data from a recent market survey of benchmark jobs and job evaulations for compensable factors produced the following data points:

QUESTION 27 5 points Save Data from a recent market survey of benchmark jobs and job evaulations for compensable factors produced the following data points: Job Base Pay $40,000.00 Job evaluation points 120 Job 1 Job 2 $47,000.00 145 Job 3 $49,000.00 175 job 4 200 Further assume the regression equation for the market pay line has a slope of 400 with an intercept of -$20,000 (this is a negative number) Using these data along with jobe evaluation points as shown in the table for Job 4; Job 2 $47,000.00 145 Job 3 $49,000.00 175 Job 4 200 Further assume the regression equation for the market pay line has a slope of 400 with an intercept of -$20,000 (this is a negative number) Using these data along with jobe evaluation points as shown in the table for Job 4; What is the predicted base pay (y) for job 4? a $160,000 b. 5248,140 c. $60,000 d. 550,000

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