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A Multiple Regression Equation Is y^=35,000+130x1+20,000x2, where x1\hat { \mathrm { y } } = - 35,000 + 130 \mathrm { x } _ { 1 } + 20,000 \mathrm { x } _ { 2 } , \text { where } \mathrm { x } _ { 1 }

Question 105

Multiple Choice

A multiple regression equation is y^=35,000+130x1+20,000x2, where x1\hat { \mathrm { y } } = - 35,000 + 130 \mathrm { x } _ { 1 } + 20,000 \mathrm { x } _ { 2 } , \text { where } \mathrm { x } _ { 1 } is a person?s age, x x2x _ { 2 } is the person?s grade point average in college, and y is the person?s income. Predict the income for a person who is 26 years
Old and had a college grade point average of 3.8.


A) $44,380
B) $114,380
C) $79,380
D) $485,494

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