For the men in figure 1, the regression equation for predicting average income from education is predicted
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For the men in figure 1, the regression equation for predicting average income from education is predicted income = $2,000 per year x education + $5,000.
Predict the income for one of these men who has
(a) 8 years of schooling-elementary education
(b) 12 years of schooling-a high-school diploma
(c) 16 years of schooling-a college degree. pl875
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