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A large school district is reevaluating its teachers' salaries. They have decided to use regression analysis to predict mean teacher salaries at each elementary school.
A large school district is reevaluating its teachers' salaries. They have decided to use regression analysis to predict mean teacher salaries at each elementary school. The researcher uses years of experience to predict salary. The raw data is given in the table below. Salary Yrs Exp $24,265 8 $27,140 5 $22,195 2 $37,950 15 $32,890 11 $40,250 14 $36,800 9 $30,820 6 $44,390 21 $24,955 2 $18,055 1 $23,690 7 $48,070 20 $42,205 16 Write the linear regression equation that fits the data, assuming the years of experience as the independent variable. Find the expected salary for a teacher with 22 years of experience? Interpret the slope of the equation. What is the correlation coefficient? What is the coefficient of determination
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