A business school professor computed a least-squares regression line for predicting the salary in $1000s for a

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A business school professor computed a least-squares regression line for predicting the salary in $1000s for a graduate from the number of years of experience. The results are presented in the following Excel output.image text in transcribed

a. Write the equation of the least-squares regression line.

b. Predict the salary for a graduate with 5 years of experience.

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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