2. A nation job placement company is interested in developing a model that might be used to explain the variation in starting salaries for college graduates based on the college GPA. The following data were collected through a random sample of the clients with which this company has been associated. |GPA Starting Salary 3.20 OMR35,000 3.40 OMR29,500 2.90 OMR30,000 3.60 OMR36,400 2.80 OMR31,500 2.50 OMR29,000 3.00 OMR33,200 3.60 OMR37,600 2.90 OMR32,000 3.50 OMR36,000 Based on this sample information, determine the least squares regression model. Also, develop a scatter plot of the data and locate the regression line on the scatter plot.

2. A nation job placement company is interested in developing a model that might be used to explain the variation in starting salaries for college graduates based on the college GPA. The following data were collected through a random sample of the clients with which this company has been associated. |GPA Starting Salary 3.20 OMR35,000 3.40 OMR29,500 2.90 OMR30,000 3.60 OMR36,400 2.80 OMR31,500 2.50 OMR29,000 3.00 OMR33,200 3.60 OMR37,600 2.90 OMR32,000 3.50 OMR36,000 Based on this sample information, determine the least squares regression model. Also, develop a scatter plot of the data and locate the regression line on the scatter plot.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 30PPS

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