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Extracted text: Pursuing an MBA is a major personal investment. Tuition and expenses associated with business school programs are costly. but the high costs come with hopes of career advancement and high salaries A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year tuition as a predictor of starting salary Data were collected for 37 ful-time MBA programs offered at private universities. The data are stored in the accompanying table Complete parts (a) through (e) below E Click the icon to view the, data on program per-year tuition and mean starting salary a. Construct a scatter plot. Choose the correct graph below OB. OD. A. 200.000 B0.000 20.000 200,000 200000 Saeg Say 200 000 Stas ry Tuinan b. Assuming a linear relationship. use the least-squares method to determine the regression coefficients b, and b, Do = (Round the value of b. to the nearest integer as needed. Round the value of b, to wo decimal piaces as needed ) c. Interpret the meaning of the slope, b,, in this problem. Select the correct choice below and fill in the answer box to complete your choice (Round to the nearest dollar as needed.) OA. For each increase in tuition of $100, the mean starting salary upon graduation is expected to increase by O B. The approximate tuition when the mean starting salary is $0 is s OC. The approximate starting salary upon graduation when the tuition is s0 is s O D. For each increase in starting salary upon graduation of $100, the mean tuition is expected to increase by S d. Predict the mean starting salary upon graduation for a program that has a per-year tuition cost of $53.934 The predicted mean starting salary will be S e. What insights can be obtained about the relationship between program per-year tuition and starting salary upon graduation? O A. Mean starting salaries upon graduation tend to be lower among programs with higher per-year tuitions OB. Having a higher mean starting salary upon graduation results in a higher program per-year tuition O C. Mean starting salaries upon graduation tend to be higher among programs with higher per-year tuitions. OD. Having a higher mean starting salary upon graduation results in a lower program per-year tuition O E. There is no relationship between program per-year tuition and mean starting salary upon graduation tion (
Extracted text: y. ng e id Program Per-Year Tuition ($) 64,345 67,483 67,835 66,691 JILIUI UI Mean Starting Salary Upon Graduation (S) O 156,028 153,277 147,494 146,213 140,118 155,756 146,987 150,245 134,186 147.545 147,111 148.888 138,628 138,913 127,008 118,560 127 482 132.470 the app 67,817 66,356 64,956 69,657 64,585 62,002 66.580 61.616 60 181 57.881 54.631 54,194 54,892 52.056 eac ie m ed n he n uation? ights an st 24,892 52,056 132,470 132,638 125,361 116,360 106.947 the 52,976 49,468 45.708 46,609 48,677 46,744 36,672 47.848 46,232 49 153 37.528 33,052 42.013 41.393 48.510 32.570 23.024 40.431 39.395 110.633 106.454 78.458 78,631 103.972 73.985 86.394 75,665 74.183 49.654 66.539 104 447 57 641 80 454, 55 295 uation?