Correlation and RegressionCorrelation and Regression
A survey was carried out to seek out the salaries for technicians working in upkeep
at Atlanta Worldwide Airport. The variety of years spent in schooling was
recorded as was their yearly wage. Under within the desk are the outcomes for this survey.
Training (years) Revenue ($ ,000s)
a) Describe in phrases and statistical phrases the connection between the variety of
years in schooling and corresponding wage earned. Talk about the outcomes when it comes to
this pattern and the inhabitants basically. (50 factors)
b) If William has 16 years in schooling what could be the anticipated yearly wage?
c) If John solely has 5 years of schooling what wage would he count on on common?