Question: Regression analysis was applied between work experience (X in years) and sales (Y in dollars) and the following regression function was obtained. Y = 500
Regression analysis was applied between work experience (X in years) and sales (Y in dollars) and the following regression function was obtained. Y = 500 + 4000 (X) Based on the above regression line, an employee with no work experience is expected to make how much in sales? Question 28 options: a) None of the options b) $4,000 c) $20,500 d) $500 e) $22,500
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