Homework Help is Here – Start Your Trial Now!
Math
Statistics
The least-squares regression equation is y = 689.9x + 14,803 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 coefficient of 0.7256. Complete parts (a) through (d)

The least-squares regression equation is y = 689.9x + 14,803 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 coefficient of 0.7256. Complete parts (a) through (d)

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
Section: Chapter Questions
Problem 4SGR
See similar textbooks
icon
Related questions
Question
The least-squares regression equation is y = 689.9x + 14,803 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 coefficient of 0.7256. Complete parts (a) through (d). (a) Predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. (Round to the nearest dollar as needed.) . TOLED dian Income Media 55000- 20000- 15 20 25 30 35 40 45 50 55 60 Bachelor's 96 Q
Transcribed Image Text:The least-squares regression equation is y = 689.9x + 14,803 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 coefficient of 0.7256. Complete parts (a) through (d). (a) Predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. (Round to the nearest dollar as needed.) . TOLED dian Income Media 55000- 20000- 15 20 25 30 35 40 45 50 55 60 Bachelor's 96 Q
Median Income 55000 20000- 15 20 25 30 35 유 Bachelor's % OK 45 50 515 X 60 50
Transcribed Image Text:Median Income 55000 20000- 15 20 25 30 35 유 Bachelor's % OK 45 50 515 X 60 50
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS