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(Solved): The least-squares regression equation is y^=692.1x+15,511 where y is the median income and x is ...




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The least-squares regression equation is where is the median income and is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7746 . Complete parts (a) through (d). (a) Predict the median income of a region in which of adults 25 years and older have at least a bachelor's degree. \$ (Round to the nearest dollar as needed.)


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To predict the median income of a region with   of adults    years and older having at leas...
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