Having trouble with this problem and want to see the steps to do this. Descriptv

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Having trouble with this problem and want to see the steps to do this.

Descriptve Statistics Minimum MadmumMean Starting Salary Current Salary Variance 57.472 10 95 44.10 17.9818 19.65 Model Summary Adjusted Std. Error of RSquare-R Square the Estimate Model 913195 833928 ANOVA Sum of Squares d Model Mean Square 10183816 195.835 Regression 10183.816 Residual 2028.084 39 Total 52.002 12211.900 40 Coefficients Unstandardized Coefficients Standardized Coefficients Si Model 590 Constant Starting Salary 544 913 13.994 000 1.592662.92961 21 0473 15040 John Doe works for this company. He started with a salary of $15,300. Predict his current salary Select one: a. $7834.67 b. $44823.18 c. -$24365.59 d. $32200.78

Explanation / Answer

We can see from the coefficient table that -

Intercept = Constant = -1.59266

And, slope coefficient = 2.10473.

So, Salary = -1.59266 + 2.10473(Starting salary)

Hence, for a starting salary of $15300-

=> Salary = -1.59266 + 2.10473(15300)

So, Salary = $32200.78

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