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The following are data on the ages and incornes of a random sample of 5 executives working for XYZ corporation and their academic achievement while in college = Income (in thousand pesos) Y 81.7 73.3 Academic Age X1 Achievement X2 1.5 2.0 1.75 1.75 38 89.5 79.0 69.9 30 46 40 32 2.50 a Fit an equation of the form y=bo + bix +b2x2 to the equation of the given data. b. Use the equation obtained in (a) to estimate the average income of a 35-year old exécutive with 1.25 academic achievement.

The following are data on the ages and incornes of a random sample of 5 executives working for XYZ corporation and their academic achievement while in college = Income (in thousand pesos) Y 81.7 73.3 Academic Age X1 Achievement X2 1.5 2.0 1.75 1.75 38 89.5 79.0 69.9 30 46 40 32 2.50 a Fit an equation of the form y=bo + bix +b2x2 to the equation of the given data. b. Use the equation obtained in (a) to estimate the average income of a 35-year old exécutive with 1.25 academic achievement.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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HW-Week 5- Multiple Regression Analysis The following are data on the ages and incomes of a random sample of 5 executives working for XYZ corporation and their academic achievement while in colleae Income (in thousand pesos) Y Age X1 Academic Achievement X2 81.7 73.3 1.5 2.0 38 30 46 40 89.5 79.0 69.9 1.75 1.75 2.50 32 a. Fit an equation of the form y=Dbo + bix +b2x2 to the equation of the given data b. Use the equation obtained in (a) to estimate the average income of a 35-year old exécutive with 1.25 academic achievement.
Transcribed Image Text:HW-Week 5- Multiple Regression Analysis The following are data on the ages and incomes of a random sample of 5 executives working for XYZ corporation and their academic achievement while in colleae Income (in thousand pesos) Y Age X1 Academic Achievement X2 81.7 73.3 1.5 2.0 38 30 46 40 89.5 79.0 69.9 1.75 1.75 2.50 32 a. Fit an equation of the form y=Dbo + bix +b2x2 to the equation of the given data b. Use the equation obtained in (a) to estimate the average income of a 35-year old exécutive with 1.25 academic achievement.
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