linear correlation between the number of years in college versus average pay. average pay= 1,000 + 15,000x where x is the number of years in college. What would your average pay be if you were in college 2 years based on the model?
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To find your average pay if you were in college for 2 years, we can use the given model which relates the average pay to the number of years in college.
The model states that the average pay (denoted as "average pay") is equal to 1,000 plus 15,000 times the number of years in college (denoted as "x").
Substituting x = 2 into the model, we get:
average pay = 1,000 + 15,000(2)
= 1,000 + 30,000
= 31,000
Therefore, your average pay would be $31,000 if you were in college for 2 years based on the given model.