A social scientist would like to analyze the relationship
between educational attainments (years in higher ed)...
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Statistics
A social scientist would like to analyze the relationshipbetween educational attainments (years in higher ed) and annualsalary (in $1,000s). He collects the data above.
Salary
Education
40
3
53
4
80
6
41
2
70
5
54
4
110
8
38
0
42
3
55
4
85
6
42
2
70
5
60
4
140
8
40
0
76
5
65
4
125
8
38
0
a. What is the equation for predicting salary based oneducational attainment?
b. What is the coefficient for education?
c. what is the predicted salary for someone with 4 years ofhigher ed?
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3.6 Ratings (595 Votes)
a X Mx Y My X Mx2 X MxY My 105 262 11025 2751 005 132 00025 066 195 138 38025 2691 205 252 42025 5166 095 38 09025 361 005 122 00025 061 395 438 156025
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