Using the Regression Formula with a Slope = 1,000 and an Intercept

question 40

Multiple Choice

Using the regression formula with a slope = 1,000 and an intercept = 25,000,what would the predicted income be for someone who has 20 years of education?

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

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