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?
$31,000
To find your average pay if you were in college for 2 years based on the given model, you can substitute the value of x as 2 into the equation for average pay.
The given equation for average pay is:
average pay = 1,000 + 15,000x
By substituting x = 2 into the equation, we get:
average pay = 1,000 + 15,000(2)
average pay = 1,000 + 30,000
average pay = 31,000
Therefore, if you were in college for 2 years based on the given model, your average pay would be $31,000.