Question: Using the estimated slope and intercept terms from the regression model above: yi = -159.5 + 59.1xi what is the predicted income per week ()
Using the estimated slope and intercept terms from the regression model above:
yi = -159.5 + 59.1xi
what is the predicted income per week () for an individual with 20 years of education (to 1 decimal place)?
a.431.9
b.1182.0
c.832.6
d.1022.5
e.1327.5
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