Solved

The Table Shows Average Salaries for Employees of Mediocre Tools

Question 106

Essay

The table shows average salaries for employees of Mediocre Tools, Inc. Find a linear regression equation for the data and graph the equation with a scatter plot of the data. (Use x=0 for 1975 , and express values to the nearest hundredth.) Use this data to estimate the average salary in 2008 .
 Year  Average Salary ($) 197515,642198016,580198517,409199019,150199520,491200021,925\begin{array}{cc}\text { Year } & \text { Average Salary (\$) } \\\hline 1975 & 15,642 \\1980 & 16,580 \\1985 & 17,409 \\1990 & 19,150 \\1995 & 20,491 \\2000 & 21,925\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q101: Determine whether the vectors <span

Q102: What are the foci for the

Q103: The graph of the function

Q104: A student randomly picks one class at

Q105: Rewrite the expression <span class="ql-formula"

Q107: When a car's brakes are applied, the

Q108: Pat deposits <span class="ql-formula" data-value="

Q109: Write the equation of the ellipse graphed

Q110: In a certain state park, the

Q111: The matrix <span class="ql-formula" data-value="\left[\begin{array}{rrr}1