Find the equation of linear regression for the data

Assignment Help Basic Statistics
Reference no: EM13136233

The annual Salary of an electrical engineer is given in terms of the years of experience by the table below. Find the equation of linear regression for the above data and obtain the expected salary for an engineer with 45 years of experience. Round to the nearest $100.

x y
2 53.5
5 56.3
9 59.8
14 63
19 65.6
23 69.5
28 75
33 76
36 84

Reference no: EM13136233

Questions Cloud

Patient protection and affordable care act : Discuss the nature of the interaction between the House and Senate during the development and passage of the Affordable Care Act. What are the calculations that each chamber's leaders made?
What mass of (nh4)2so4 must be dissolved : what mass of (NH4)2SO4 must be dissolved in 0.100L of 0.350M NH3 to produce a buffer solution with pH 10.05?
Statements concerning capital structure weights : Which one of the following statements is correct concerning capital structure weights?
Contributions of tyack and cuban and dewey : What are the similarities, differences, and unique contributions of Tyack and Cuban and Dewey?
Find the equation of linear regression for the data : Find the equation of linear regression for the above data and obtain the expected salary for an engineer with 45 years of experience. Round to the nearest $100.
Characteristics of monarchies : Discuss the key characteristics of monarchies, theocracies, and democratic, autocratic, military governments. Describe the waves that have pushed the shifts in democracy and the issues that pushed these waves.
What is the molarity of the solution : If 56.4 mL of BaCl2 solution is needed to precipitate all the sulfate ion in a 748 mg sample of Na2SO4, what is the molarity of the solution?
Eoils bibliography : Eoils Bibliography guidelines LIS Version 4 updated April2014 1 of 2 Disclaimer: printed copies of this document are regarded as uncontrolled. Please check with your teacher to ensure this is the latest version.
How has the role changed and evolved over time : The ability to develop and use good management accounting is actually an important ability for many individuals, including finance professionals, operational and marketing managers, top-level executives, and information technologists.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find what percent of the sample means will be greater

What percent of the sample means will be greater than 162 seconds? What percent of the sample means will be greater than 153 but less than 162 seconds?

  Compute the point estimate of population mean

A standard deviation of $125. A) what is the point estimate of the population mean? B) develop a 95% confidence interval for the population mean.

  Hypothesis-population mean and proportions

Discuss examples where you would use test of hypothesis at your personal or professional life, in your education or society for the following situations:

  Determine probability that mean breaking strength exceeds

4 clothing manufacturer tests SRS of 5 specimens of each fabric. Determine the probability that mean breaking strength of 5 untreated specimens exceeds 50 pounds?

  Solving polynomials and identifying degree of polynomials

From the given polynomials, identify the polynomials of degree one. A function gives the value of C as 2 × (22/7) × r. Find C when r = 7 cm and r = 91 cm.

  Mean-standard deviation of the sampling distribution

What is the mean and standard deviation of the sampling distribution when we take all samples of size25?

  Random sample of five accidents

A random sample of five accidents resulted in the following number of persons injured: 18, 15, 12, 19, & 21. Using the .01 significance level, can we conclude the population mean is less than 20 for all accidents?

  Describing difference betwent kinds of gasoline

Gas consumption of 3 cars (labeled car A, car B, and car C) using 4 different kinds of gasoline. Is there difference among kinds of gasoline?

  Contingency table and probability

Many people think that job satisfaction in workplace is directly related to annual income. To check the validity of this assumption survey of 430 active working adults in U.S was taken that relates their job satisfaction to their annual income.

  Biggest problem facing education today

Survey on What do you think is the biggest problem facing education today. One problem with exit polls may be that the wrong "key precincts" were chosen.

  Questions related to descriptive statistics

For which of the following situations is it appropriate to use a scatter diagram or scatter plot?

  Following a poisson distribution with mean

The university policy department must write, on average, five tickets per day to keep department revenues at budgeted levels. Suppose the number of tickets written per day follows a Poisson distribution with mean of 6.5 tickets per day. Interpret ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd