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

Question 8

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 35 years of education?


A) $40,000
B) $42,000
C) $45,000
D) $85,000

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