89.4k views
3 votes
Pls help answering a b and c

Pls help answering a b and c-example-1

1 Answer

6 votes

Answer:

a) The very first one where the line starts to the left

b) m=125.82

c) 320.81 thousand dollars

Explanation:

a) The point on the graph who corresponds to x=3 years and Salary=$200,000 is the very first one where the line starts to the left

b) If a line is given by Y=mx+b, m represents the slope of the line. In this case, m=125.82 which can be interpreted as the rate of growth of the salary per year in thousands of dollars. A doctor can expect to earn 125.82 thousand dollars more than the previous year.

c) If we use the given regression line Y=125.82x-182.47 and make x=4, we get

y=125.82 (4)-182.47 =320.81 thousand dollars

User Mahendra Kulkarni
by
9.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories