The estimated regression model is given by y hat= b0+b1x = 25675.5 + 5321* x. Wh

Question

The estimated regression model is given by y hat= b0+b1x = 25675.5 + 5321* x. What is the interpretation of b1? Select one: a. When mean score on teaching evaluation increases by 1, average annual salary increases by 25675.5 dollars. b. When mean score on teaching evaluation increases by 1, average annual salary increases by 5321 dollars. c. When annual salary increases by a dollar, mean score on teaching evaluation increases by 5321. d. When annual salary increases by a dollar, mean score on teaching evaluation increases by 25675.5.

Explanation / Answer

if b0 is teaching evaluation and b1 is average annual salary , theen that means mean score on teaching evaluation increases by 1, average annual salary increases by 5321 dollars for y=b0+b1x

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