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The least-squares regression equation is y = 650.9x+ 16,443 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation 55000- coefficient of 0.7174. Complete parts (a) through (d). 25000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % ..... (c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or decimal. Do not round.) O A. For 0% of adults having a bachelor's degree, the median income is predicted to be $ B. For a median income of $0, the percent of adults with a bachelor's degree is %. O C. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is %, on average. D. For every percent increase in adults having at least a bachelor's degree, the median income increases by $ , on average. Median Income

The least-squares regression equation is y = 650.9x+ 16,443 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation 55000- coefficient of 0.7174. Complete parts (a) through (d). 25000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % ..... (c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or decimal. Do not round.) O A. For 0% of adults having a bachelor's degree, the median income is predicted to be $ B. For a median income of $0, the percent of adults with a bachelor's degree is %. O C. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is %, on average. D. For every percent increase in adults having at least a bachelor's degree, the median income increases by $ , on average. Median Income

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 10T: Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s...
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The least-squares regression equation is y = 650.9x + 16,443 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram 55000- indicates a linear relation between the two variables with a correlation coefficient of 0.7174. Complete parts (a) through (d). 25000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % (c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or decimal. Do not round.) A. For 0% of adults having a bachelor's degree, the median income is predicted to be $ B. For a median income of $0, the percent of adults with a bachelor's degree is %. O C. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is %, on average. O D. For every percent increase in adults having at least a bachelor's degree, the median income increases by $ , on average. Median Income of
Transcribed Image Text:The least-squares regression equation is y = 650.9x + 16,443 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram 55000- indicates a linear relation between the two variables with a correlation coefficient of 0.7174. Complete parts (a) through (d). 25000- 15 20 25 30 35 40 45 50 55 60 Bachelor's % (c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or decimal. Do not round.) A. For 0% of adults having a bachelor's degree, the median income is predicted to be $ B. For a median income of $0, the percent of adults with a bachelor's degree is %. O C. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is %, on average. O D. For every percent increase in adults having at least a bachelor's degree, the median income increases by $ , on average. Median Income of
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