Risk manager for chamberlin construction

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Ralph, the risk manager for Chamberlin Construction wants to project the number of employee injuries at construction sites based on annual income, adjust for inflation for the past five years. Ralph has constructed a linear regression line and calculated the values of a (6.2) and b (0.024). The value of b indicates that 0.024 injuries occurred for each $100,000 of income. Assuming Chamberlin expects $20 million in income next year, calculate the expected number of injuries for the year.

Reference no: EM132570373

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