The table shows average salaries for employees of Mediocre Tools, Inc. Find a linear regression equation for the data and graph the equation with a scatter plot of the data. (Use x=0 for 1975 , and express values to the nearest hundredth.) Use this data to estimate the average salary in 2008 .
$\begin{array}{cc}
\text { Year } & \text { Average Salary (\$) } \
\hline 1975 & 15,642 \
1980 & 16,580 \
1985 & 17,409 \
1990 & 19,150 \
1995 & 20,491 \
2000 & 21,925
\end{array}$

Question

The table shows average salaries for employees of Mediocre Tools, Inc. Find a linear regression equation for the data and graph the equation with a scatter plot of the data. (Use  x=0  for 1975 , and express values to the nearest hundredth.) Use this data to estimate the average salary in 2008 .
$\begin{array}{cc}
\text { Year } & \text { Average Salary (\$) } \
\hline 1975 & 15,642 \
1980 & 16,580 \
1985 & 17,409 \
1990 & 19,150 \
1995 & 20,491 \
2000 & 21,925
\end{array}$

Quizplus · Accepted Answer

The Answer of The table shows average salaries for employees of Mediocre Tools, Inc. Find a linear regression equation for the data and graph the equation with a scatter plot of the data. (Use  x=0  for 1975 , and express values to the nearest hundredth.) Use this data to estimate the average salary in 2008 .
$\begin{array}{cc}
\text { Year } & \text { Average Salary (\$) } \
\hline 1975 & 15,642 \
1980 & 16,580 \
1985 & 17,409 \
1990 & 19,150 \
1995 & 20,491 \
2000 & 21,925
\end{array}$

The Table Shows Average Salaries for Employees of Mediocre Tools