Maryville College charges ($ 34,880) for out-of-state students, and their average monthly faculty salary is ($ 6,765).
Question:
Maryville College charges \(\$ 34,880\) for out-of-state students, and their average monthly faculty salary is \(\$ 6,765\). Do they pay faculty more or less than expected? By how much?
The regression equation used to predict average monthly faculty salary (FacSal) from out-of-state tuition (OutState) using the data in "TNSchools" (https://openstax.org/r/Chapter8 Data-Sets) is \(y=0.161 x+2645\)
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