Find forecasted salary if teacher has five years experience


The large school district is reassessing its teachers' salaries. They have made decision to utilize regression analysis to forecast mean teachers' salaries at every elementary school. Researcher utilizes years of experience to forecast salary. Resulting equation was:

Y = 23,313.22 + 1,210.89X, where Y = salary and X = years of experience

i) If the teacher has ten years of experience, find forecasted salary?
ii) If the teacher has five years of experience, find forecasted salary?
iii) Based on the equation, for each additional year of service, the teacher could expect his or her salary to raise by how much?

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Find forecasted salary if teacher has five years experience
Reference No:- TGS0864791

Expected delivery within 24 Hours