16. Suppose that regression of income and years of experience yields the regression equation: income=10000+2000*experience. Which of the following must be true? a) Each year of additional experience causes income to increase by 2000. b) People with zero years of experience always make 10000. c) People with more experience cannot make less money than those with less experience than them. d) The R-squared of the regression is high. e) People with more experience tend to have higher incomes.

16. Suppose that regression of income and years of experience yields the regression equation: income=10000+2000*experience. Which of the following must be true? a) Each year of additional experience causes income to increase by 2000. b) People with zero years of experience always make 10000. c) People with more experience cannot make less money than those with less experience than them. d) The R-squared of the regression is high. e) People with more experience tend to have higher incomes.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.CR: Chapter Review Exercises

Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...

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