Retirement benefits the table gives the approximate


Question: Retirement benefits the table gives the approximate benefits for PepsiCo executives who earned an average of $250,000 per year during the last 5 years of service, based on the number of years of service, from 15 years to 45 years.

(a) Use linear regression to find the linear equation that is the best fit for the data.

(b) Use the equation to find the expected annual retirement benefits after 38 years of service.

(c) Write a sentence that interprets the slope of the linear regression line.

536_Service.png

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Retirement benefits the table gives the approximate
Reference No:- TGS02597085

Expected delivery within 24 Hours