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Consider the following estimated regression model relating annual salary to years of education and work experience. Estimated Salary=10,653.54+2513.61(Education)+1204.81(Experience) Suppose two employees at the company have

Consider the following estimated regression model relating annual salary to years of education and work experience.

Estimated Salary=10,653.54+2513.61(Education)+1204.81(Experience)

Suppose two employees at the company have been working there for five years. One has a bachelor's degree (

8 years of education) and one has a master's degree (

10years of education). How much more money would we expect the employee with a master's degree to make?

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