(04.05 MC)

A company determines an employee's starting salary according to the number of years of experience, as detailed in the table.


Years of experience Salary
0 $52,000
1 $53,150
2 $54,260
3 $55,285
4 $56,921
5 $57,126


Use the equation for the line of best fit to predict the salary for an employee with 6 years of experience? (Round your answer to the nearest dollar.)
$61,150
$58,587
$59,672
$57,990

Respuesta :

The salary of an employee with 6 years of experience, based on the line of best fit, is B. $ 58,587

How to find the salary ?

First, find the slope of the line of best fit as:

= ( Y2 - Y1) / ( X2 - X1 )

= ( 57, 126 - 52, 000 ) / ( 5 - 0 )

= 1, 025.2

The y - intercept can be found by substituting the values of y, x, and the slope into the linear function of y = mx + c. The point to be used is (5, 57, 126) :

57, 126 = 1, 025.2 ( 5 ) + c

c = 52, 000

The line of best fit is:

y = 1, 025.2x + 52, 000

If an employee with 6 years experience, their salary would be:

= 1, 025.2x + 52, 000

= 1, 025.2 (6 ) + 52, 000

= $ 58,587

Find out more on the line of best fit at brainly.com/question/17261411

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