Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
chimeric chimeric
wrote...
Go to Answer
Posts: 669
Rep: 0 0
6 years ago
A large school district is reevaluating its teachers' salaries. They have decided to use regression analysis to predict mean teachers' salaries at each elementary school. The researcher uses years of experience to predict salary. The resulting equation was:

Y = 23,313.22 + 1,210.89X, where Y = salary and X = years of experience

(a) If a teacher has 10 years of experience, what is the forecasted salary?
(b) If a teacher has 5 years of experience, what is the forecasted salary?
(c) Based on this equation, for every additional year of service, a teacher could expect his or her salary to increase by how much?
Textbook 
Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
Authors:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
TheBatTheBat
wrote...
#1
Top Poster
Posts: 537
Rep: 4 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

chimeric Author
wrote...

6 years ago
Thanks for your help!!
MLynneMcMillan
wrote...

Yesterday
this is exactly what I needed
DaiwalkerX
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  461 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1386
  
 1226
  
 336