A study is made of working couples. The regression equation for predicting wife's income from husband's income
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A study is made of working couples. The regression equation for predicting wife's income from husband's income is wife's income = 0.1667 x husband's income + $24,000.
Another investigator solves this equation for husband's income, and gets husband's income = 6 x wife's income - $144,000.
True or false, and explain: the second investigator has found the regression equation for predicting husband's income from wife's income. If you want to compute anything, husband's average income = $54,000, SD = $39,000 wife's average income = $33,000, SD = $26,000, r = 0.25 pl875
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