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

Question 215

Short Answer

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 = 4,131 + 6,503 years of education
If a male desired to earn $30,143 / year, how many years of education past eighth grade should they pursue?

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