If the regression line showing the effect of education on income has a slope of 1000,
A)the variables are not related.
B)every year of education increases income by 1000.
C)every change in education increases income.
D)the Y intercept would be 1.00.

Question

Quizplus · Accepted Answer

A slope of 1000 means that for every increase in education by 1 year, income increases by 1000. Therefore, every year of education increases income by 1000.

If the Regression Line Showing the Effect of Education on Income