Suppose That the Estimated Regression Equation for 200 Business Graduates

question 19

Multiple Choice

Suppose that the estimated regression equation for 200 business graduates is ŷ = 20 000 + 2000x + 1500I,
Where y is the starting salary, x is the grade point average and I is an indicator variable that takes the value of 1 if the student is a computer information systems major and 0 if not. A business administration major graduate with a grade point average of 4 would have an average starting salary of:

• A) $20 000.
• B) $26 000.
• C) $29 500.
• D) $28 000.

---

Definitions:

Waxy Appearance

A description often used in the medical field to describe a smooth, glossy surface or texture resembling wax, which can be characteristic of certain conditions.

Briskly

In an active, quick, energetic way.

Severe Head Injury

A traumatic brain injury that can lead to significant brain damage, affecting physical and cognitive functions, often requiring immediate medical attention.

Maintain Airway

The practices and interventions used to ensure the air passage remains open and clear to facilitate breathing.