MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Do students with higher college grade point averages (GPAs) earn more than those graduates with lower GPAs?† Consider the following hypothetical college GPA and salary data (10 years after graduation).
GPA | Salary ($) |
---|---|
2.22 | 72,000 |
2.27 | 48,000 |
2.57 | 72,000 |
2.59 | 62,000 |
2.77 | 86,000 |
2.85 | 96,000 |
3.12 | 133,000 |
3.35 | 130,000 |
3.66 | 157,000 |
3.68 | 162,000 |
#1) Use these data to develop an estimated regression equation that can be used to predict annual salary 10 years after graduation given college GPA. (Let x = GPA, and let y = salary (in $). Round your numerical values to the nearest integer.) ŷ =
#2) Find the value of the test statistic. (Round your answer to two decimal places.)
#3)Find the p-value. (Round your answer to three decimal places.)
p-value =
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