The​ least-squares regression equation is y=620.6x+16,624 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 0.7004. In a particular​ region, 28.3 percent of adults 25 years and older have at least a​ bachelor's degree. The median income in this region is ​$37,389. Is this income higher than what you would​ expect? Why?

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The​ least-squares regression equation is y=620.6x+16,624 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 0.7004.

In a particular​ region, 28.3 percent of adults 25 years and older have at least a​ bachelor's degree. The median income in this region is ​$37,389. Is this income higher than what you would​ expect? Why?

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