Interpret the Slope and the y-intercept of the Least-Squares Regression Line
-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 (x) is a useful linear predictor of raise (y) . 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 slope of the line.
A) For a 1-point increase in an administrator's rating, we estimate the administrator's raise to increase .
B) For a 1-point increase in an administrator's rating, we estimate the administrator's raise to decrease .
C) For an administrator with a rating of , we estimate his/her raise to be .
D) For a increase in an administrator's raise, we estimate the administrator's rating to decrease 2,000 points.
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-The
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