Solved

The Regression Equation Salary = 25,000 + 3200 YearsExperience

Question 22

Multiple Choice

The regression equation Salary = 25,000 + 3200 YearsExperience + 1400 YearsCollege describes employee salaries at Axolotl Corporation. The standard error is 2600. John has 10 years' experience and 4 years of college. His salary is $66,500. What is John's standardized residual?


A) -1.250
B) -0.240
C) +0.870
D) +1.500

Correct Answer:

verifed

Verified

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

Related Questions