menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Statistics for People
  4. Exam
    Exam 16: Using Linear Regression: Predicting Wholl Win the Super Bowl
  5. Question
    Using the Regression Formula with a Slope = 2,000 and an Intercept
Solved

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

Question 35

Question 35

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 5 years of education?


A) $25,000
B) $42,000
C) $45,000
D) $47,000

Correct Answer:

verifed

Verified

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

Related Questions

Q30: Using the regression formula with a slope

Q31: Standard error of estimate is computed as

Q32: What does a unique contribution mean for

Q33: What does the regression line represent?

Q34: If the correlation between variable X and

Q36: A criterion variable is also known as

Q37: A regression equation can be visually represented

Q38: What do we call the point at

Q39: How is the regression line related to

Q40: Using the regression formula with a slope

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines