Answer:
a) The very first one where the line starts to the left
b) m=125.82
c) 320.81 thousand dollars
Step-by-step explanation:
a) The point on the graph who corresponds to x=3 years and Salary=$200,000 is the very first one where the line starts to the left
b) If a line is given by Y=mx+b, m represents the slope of the line. In this case, m=125.82 which can be interpreted as the rate of growth of the salary per year in thousands of dollars. A doctor can expect to earn 125.82 thousand dollars more than the previous year.
c) If we use the given regression line Y=125.82x-182.47 and make x=4, we get
y=125.82 (4)-182.47 =320.81 thousand dollars
