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Statistics

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Use the multiple regression equation to predict a persons salary. Assume that the variable A is the number of years of college. Assume that the variable B is the number of years of experience. Suppose the person has 7 years of college and 3 years of experience. What should their salary be?

y = 19,230 + 4452A + 3580B

  • algebra - ,

    There is no need to use statistical arguments to answer this question. Just plug in 7 for A and 3 for B and perform the calculation indicated by the equation.

    The equation itself may have statistical origins. It would not be a good idea to use such a formula to make job offers to everyone who applies.

  • algebra with applications - ,

    what is the operations of 7+3*5

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