The owner of a company wants to predict the annual salaries of employees at a company,y ,
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Question:
The owner of a company wants to predict the annual salaries of employees at a company,y
, in thousands of dollars, given an employee's annual starting salary,x
1
,in thousands of dollars and the number of years working for the company,x
2
. She obtains the regression equationy
=29.882+0.672x
1
+0.495x
2
. Predict the salary (in dollars) of an employee who has been working for the company for12
years and who had an annual starting salary of$41,000
. Round to the nearest whole dollar.
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