document.write( "Question 1195479: Data on tuition and mid-career salary are collected from a number of universities and colleges. The result of the data collection is the linear regression model\r
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document.write( "y=−0.85x+157
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document.write( "where x=annual tuition and
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document.write( "y=average mid-career salary of graduates, both in thousands of dollars.\r
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document.write( "Which quantity is the independent variable?
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document.write( "average mid-career salary of graduates
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document.write( "annual tuition
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document.write( "Correct\r
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document.write( "According to this model, what is the average salary for a graduate of a college or university where the annual tuition is $30,000?
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document.write( "What is the slope of this regression model?
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Algebra.Com's Answer #827981 by ikleyn(52779)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Data on tuition and mid-career salary are collected from a number of universities and colleges. \n" ); document.write( "The result of the data collection is the linear regression model\r \n" ); document.write( "\n" ); document.write( "y=−0.85x+157\r \n" ); document.write( "\n" ); document.write( "where x=annual tuition and \n" ); document.write( "y=average mid-career salary of graduates, both in thousands of dollars. \n" ); document.write( "(a) Which quantity is the independent variable? \n" ); document.write( "average mid-career salary of graduates \n" ); document.write( "annual tuition \n" ); document.write( "Correct \n" ); document.write( "(b) According to this model, what is the average salary for a graduate of a college or university \n" ); document.write( "where the annual tuition is $30,000? \n" ); document.write( "$ \n" ); document.write( "(c) What is the slope of this regression model? \n" ); document.write( "~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( " (a) To answer question (a), read your post. The answer is there.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " (b) To answer question (b), replace x in the formula by the given number 30000; then calculate right side.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " (c) the slope is the value of the coefficient at x in the formula.\r\n" ); document.write( "\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Solved, answered, and you are instructed on WHAT TO DO and HOW TO DO.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " Happy learning ( ! )\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |