A bank developed a model for predicting the average checking and savings accuont balance as balance = -17,732 + 367 x age + 1,300 x years education + 0.116 x household wealth.

a. Explain how to interpret the numbers in this model.

b. Suppose that a customer is 32 years old, is a college graduate (so that years educaiton = 16) and has a household wealth of $150,000. What is the predicted bank balance?