Find the linear equation that is the best for the given data

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Question: Earnings and gender the data in the table show the 2007 average earnings of year-round full-time workers by gender for several different levels of educational attainment.

583_Earnings.png

(a) Use linear regression to find the linear equation that is the best for these data, with x representing the earnings for males and y representing the earnings for females.

(b) Find and interpret the slope of the linear regression line.

(c) If you made a similar linear model with data from 1965, how do you think its slope would compare with the slope found in part (b)? Explain.

Reference no: EM131801578

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