Simmons Salazar
10/22/2023 · Junior High School
Suppose the following estimated regression equation was determined to predict salary based on years of experience. What is the estimated Salary \( =20,900.28+2686.51( \) Years of Experience \( ) \) Answer
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Step-by-step Solution
The estimated regression equation to predict salary based on years of experience is given as:
\[ \text{Salary} = 20,900.28 + 2,686.51 \times \text{Years of Experience} \]
To find the estimated salary, we need to substitute the given years of experience into the equation. Let's assume the years of experience is \( x \).
Substitute \( x \) into the equation:
\[ \text{Salary} = 20,900.28 + 2,686.51 \times x \]
Therefore, the estimated salary is \( 20,900.28 + 2,686.51 \times x \).
Quick Answer
The estimated salary is \( 20,900.28 + 2,686.51 \times \text{Years of Experience} \).
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