Mathematics, 10.03.2021 17:20 kraigstlistt
It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month) after graduation. Given below is the Excel output for predicting starting salary (Y) using number of hours spent studying per day (X) for a sample of 51 students. NOTE: Only partial output is shown.
a) What is the prediction equation?
b) Interpret the meaning of the coefficients of X (0.9795)
c) Interpret the meaning of intercept (-1.894)
d) Interpret the meaning of R Square
e) Predict the score received on an exam of the studying hours with 8
Answers: 1
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It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduat...
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