Question

For a group of women, the relationship between years of schooling completed and personal income can...

For a group of women, the relationship between years of schooling completed and personal income can be summarized as follows:

Average years of schoolings ≈ 10 years SD ≈ 2 years

Average income ≈ $ 52,000 SD ≈ $11,000

Correlation between years of schooling and income: r = .80

What is the unstandardized regression equation predicting income from years of schooling for the above data? ENTER LETTER ANSWER A. Y=8000x+4400 B. Zy=.8*(Zx) C. Zy=.8*(Zx)+2 D. Y=4400x+8000 E. Y=.0001x+51999 What is

the RMS error for regression equation predicting income from years of schooling for the above data? ENTER LETTER ANSWER A. 1.2 B. 6600 C. 11000 D. 6.6

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