Question

- Courses arse Hom Use the following regression equation regarding professor salaries to answer the question. Salary = 95000 + 1280 - (Years) Note that Years is the number of years a professor has worked at a college, and Salary is the annual salary (in dollars) the professor earns. What is the expected salary of a professor who has worked at a college for 15 years? mework zzes & T O A. $95,000 OB. $106.700 ady Plan OC. $114,200 OD. $96,280 adebook atCrunch

Answer 1

for 15 years The regression equation for professor's salary is Salary: 95000 + 1280 * (years) we want to compute expected salary of professor who has worked at a college put years = 15 in given regression. eq". Salary 95000 & 1280 * (Years) 950oo ť (1280 * 15) 95000 + 19200 Salary Therefore expected salary of a professor who has worked at a college for 15 years is $ 114200 11 114200