A Manager at a Local Bank Analyzed the Relationship Between

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary (y, in $) and length of service (x, measured in months) for 30 employees. She estimates the model: Salary = β₀ + β₁Service + ε. The following ANOVA table summarizes a portion of the regression results. Which of the following is the monthly salary of an employee that has worked for 48 months at the bank?

A) $441
B) $785
C) $1,050
D) $1,226