Consider the following partial computer output from a simple linear regression analysis.
R2.9722
What is the predicted value of y when x = 1,000?
Definitions:
Fair Market Value
The price that property would sell for on the open market, between willing buyers and sellers under no pressure to act.
Capital Balances
The amount of money that the owners or shareholders have invested in the company.
Salary Allowances
Additional benefits or compensations given to employees over and above their regular salary, which could include housing, transportation, or medical allowances.
Net Income
The ultimate earnings of an enterprise once it has accounted for all expenditures and taxes against its total sales.
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