A large school district is reevaluating its teachers' salaries.They have decided to use regression analysis to predict mean teacher salaries at each elementary school.The researcher would like to examine the significance of the following quadratic model for predicting salary based on years of experience.
Y = β₀ + β₁X₁ + β₂X₂ + ε where X₁ = Yrs Exp and X₂ = Yrs Exp² (a)What is the adjusted r²?
(b)What is the prediction equation?

Question

A large school district is reevaluating its teachers' salaries.They have decided to use regression analysis to predict mean teacher salaries at each elementary school.The researcher would like to examine the significance of the following quadratic model for predicting salary based on years of experience.
Y = β₀ + β₁X₁ + β₂X₂ + ε where X₁ = Yrs Exp and X₂ = Yrs Exp²

(a)What is the adjusted r²?
(b)What is the prediction equation?

Quizplus · Accepted Answer

The Answer of A large school district is reevaluating its teachers' salaries.They have decided to use regression analysis to predict mean teacher salaries at each elementary school.The researcher would like to examine the significance of the following quadratic model for predicting salary based on years of experience. Y = β₀ + β₁X₁ + β₂X₂ + ε where X₁ = Yrs Exp and X₂ = Yrs Exp² (a)What is the adjusted r²? (b)What is the prediction equation?

A Large School District Is Reevaluating Its Teachers' Salaries