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The Following Equation Represents the Best-Fit Regression Line for Median

Question 212

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The following equation represents the best-fit regression line for median personal total income of adult males vs. years of education past eighth grade in Northern Wisconsin.
Median personal income = 4,822 + 7,147 years of education
What is the rate of change of median personal total income with respect of years of education?

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$7,147 / y...

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