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

question 7

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 25 years of education?

• A)$40,000
• B)$42,000
• C)$45,000
• D)$65,000