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In a 2008 Article by Hsiu-Ling Lee, Data from 147

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In a 2008 article by Hsiu-Ling Lee, data from 147 colleges from 1995 to 2005 were used to predict endowments to a college from the average SAT score of students attending the college, among other variables.The resulting regression equation for just these variables was Ŷ = -20.46 + 4.06(X) .Using the regression equation, what would be predicted to be the endowments (in billions) to a college whose students' average SAT score is 1020?


Definitions:

Organic Compound

Chemical compounds made primarily of carbon atoms in structures like chains or rings, often containing hydrogen and possibly oxygen, nitrogen, or other elements.

Absorptions

The process by which substances take in or soak up energy or material from their surroundings, often observed in spectroscopy.

IR Absorption

The process by which molecules absorb infrared light at frequencies characteristic of their structure, used in infrared spectroscopy.

Spike

A sharp increase or sudden upward movement, as in the context of graphs, prices, or signals.

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