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Previous question The least-squares regression equation is y = 741.5x + 14,138 where y is the median income anke 55000- percentage of 25 years and

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Previous question The least-squares regression equation is y = 741.5x + 14,138 where y is the median income anke 55000- percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7877. Complete parts (a) through (d) Median Income 20000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % (Round to the nearest dollar as needed.) (c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice (Type an integer or decimal. Do not round.) O A. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is %, on average. B. For every percent increase in adults having at least a bachelor's degree, the median income increases by $ 741.5 , on average O C. For a median income of $0, the percent of adults with a bachelor's degree is % O D. For 0% of adults having a bachelor's degree, the median income is predicted to be $ (d) Explain why it does not make sense to interpret the y-intercept. Choose the correct answer below. O A. It does not make sense to interpret the y-intercept because an x-value of 0 is outside the scope of the model. O B. It does not make sense to interpret the y-intercept because a y-value of 0 does not make sense. O C. It does not make sense to interpret the y-intercept because a y-value of 0 is outside the scope of the model. O D. It does not make sense to interpret the y-intercept because an x-value of 0 does not make sense. Help me solve this View an example Get more help Clear all

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