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A multiple regression equation is = -35,000 + 130x 1 + 20,000x 2 , where x 1 is a person's age, x 2 is the
A multiple regression equation is 
= -35,000 + 130x1 + 20,000x2, where x1 is a person's age, x2 is the person's grade point average in college, and y is the person's income. Predict the income for a person who is 25 years old and had a college grade point average of 3.8:
A.
$79,250
D.
$114,250
B.
$465,494
E.
$44,250
C.
$442,500
= -35,000 + 130x1 + 20,000x2, where x1 is a person's age, x2 is the person's grade point average in college, and y is the person's income. Predict the income for a person who is 25 years old and had a college grade point average of 3.8:
| A. | $79,250 | D. | $114,250 |
| B. | $465,494 | E. | $44,250 |
| C. | $442,500 | ||
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
