Answer:
2035.6 is the slope of the regression line and represents the increase in payscale for every additional year of experience.
Step-by-step explanation:
The relationship between the payscale and years of experience in the company is represented by the equation:
[tex]\[y = 2035.6x + 36,000\] [/tex]
This is a linear regression model of the form
[tex]\[y = mx + c\][/tex]
where m is the slope of the regression line and c represents the intercept.
So in the original equation, 2035.6 corresponds to the slope of the regression line and represents the increase in payscale for every additional year of experience.
