document.write( "Question 868080: I am completley lost on this question. Thanks in advance for your help:\r
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document.write( "The following sample data contains the number of years of college and the current annual salary for a random sample of heavy-equipment salespeople. Annual income is in thousands of dollars. \r
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document.write( "Years of College Income in 1,000’s
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document.write( "One 15
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document.write( "Four 20
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document.write( "Two 18
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document.write( "Two 19
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document.write( "Four 23
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document.write( "Four 21
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document.write( "Six 32
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document.write( "None 10
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document.write( "Five 18
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document.write( "Two 14 \r
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document.write( "Using the method of least squares, what is the estimated regression line between Years of College and Annual Income, and the predicted Annual Income , with 1 year of College. \r
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document.write( "a. Income=11.0131-2.6563 Years: Income=$11,031.03
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document.write( "b. Income=-2.1433+.2707 Years: Income=$24,140.00
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document.write( "c. Income=11.0313+2.6563 Years: Income=$13,687
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document.write( "d. Income=2.6563 + 11.0313 Years: Income=$13,687
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document.write( "e. None of the Above\r
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Algebra.Com's Answer #523339 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! I used EXCEL to plot the data. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |