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[ QX ] : 4 - 2 1 The following data give the starting salary for students who recently graduated from a local university and
QX: The following data give the starting salary for students who
recently graduated from a local university and accepted jobs soon after
graduation. The starting salary, gradepoint average GPA and major
business or other are provided.
a Using a computer, develop a regression model that could be used to
predict starting salary based on GPA and major.
b Use this model to predict the starting salary for a business major with
a GPA of
c What does the model say about the starting salary for a business
major compared to a nonbusiness major?
d Do you believe this model is useful in predicting the starting salary?
Justify your answer, using information provided in the computer
output.
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