Using the Regression Formula with a Slope = 2,000 and an Intercept

question 30

Multiple Choice

Using the regression formula with a slope = 2,000 and an intercept = 15,000,what would the predicted income be for someone who has 16 years of education?

• A)$40,000
• B)$42,000
• C)$45,000
• D)$47,000

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Definitions:

Participate

To take part or become involved in a particular activity, event, or situation.

Theory Z

A management philosophy that integrates Japanese and American business practices, emphasizing employee participation, job security, and company loyalty.