Least Squares Regression Equation Assignment | Professional Writing Services
January 22nd, 2020
Assume that the Least Squares regression equation resulting from this data is Salary = 13.4 + 4*GPA. Based on these results, which of the following statements is true:
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Question 21 options:
For every 1 point increase in GPA, Salary increases by 13.4 (thousand dollars)
For every one-point increase in GPA, Salary increases by 4 (thousand dollars).
For every 1 (thousand) dollar increase in Salary, GPA will increased by 4 points.
For every 13.4 (thousand) dollar increase in Salary, GPA will increase by 1 point.
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