Imagine that we can predict one person's monthly salary (Y) from the number of years (X) that he has worked before. The regression equation is salary = 4000+50x. If a person has worked 5 years before, what's his predicted monthly

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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  1. Imagine that we can predict one person's monthly salary (Y) from the number of years (X) that he has worked before. The regression equation is salary = 4000+50x. If a person has worked 5 years before, what's his predicted monthly salary? 

     
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