Is there a relationship between the raises administrators at State University receive and their performance on the job? A faculty group wants to determine whether job rating is a useful linear predictor of raise ( ) . Consequently, the group considered the straight-line regression model
Using the method of least squares, the faculty group obtained the following prediction equation:
Interpret the estimated -intercept of the line.
A) There is no practical interpretation, since rating of 0 is nonsensical and outside the range of the sample data.
B) For a 1-point increase in an administrator's rating, we estimate the administrator's raise to increase .
C) For an administrator who receives a rating of zero, we estimate his or her raise to be .
D) The base administrator raise at State University is .
Correct Answer:
Verified
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