Regression constant and regression coefficient

Reference no: EM1395956

The following data are the grade point averages x and the monthly salaries y for students who obtained a bachelor's degree in business administration with a major in information systems. The estimated regression for these data is by = 1790:5 + 581:1x.

GPA Monthly Salary

2.6 3300
3.4 3600
3.6 4000
3.2 3500
3.5 3900
2.9 3600

a. Write the regression

b. Interpret the regression constant and regression coefficient

c. Forecast a value for monthly salary.

Reference no: EM1395956

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