The scatter plot shows the relationship between the number of years an employee has worked and the annual salary of that employee. The regression equation is hat{Y} = 21000 + 333.33X. What is the interpretation of the slope? The expected change in salary for one additional year worked What is the interpretation of the intercept? Pick
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33. This means that for each additional year an employee works, their annual salary increases by $333.33. This is the rate of change in salary with respect to the number of years worked. Show more…
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