This Regression Analysis Examines the Relationship Between the Number of Years

Multiple Choice

This regression analysis examines the relationship between the number of years of formal education a person has and their annual income. According to this model, about how much more money do people who finish a 4-year college program earn each year, on average, than those with only a 2-year degree?

Dependent variable is Income
$R$ -squared $=25.8 \%$
$\mathrm{s}=3888$ with 57 degrees of freedom
$\begin{array}{lcc}\text { Variable } & \text { Coefficient } & \text { s.e. of Coeff } \\ \text { Constant } & 3984.45 & 6600 \\ \text { Education } & 2668.45 & 600.1\end{array}$

A) $2710
B) $2006
C) $9321
D) $5337
E) $7968