Find the expected annual retirement benefits of service

Assignment Help Basic Statistics

Reference no: EM131801574

Question: Retirement benefits the table gives the approximate benefits for PepsiCo executives who earned an average of $250,000 per year during the last 5 years of service, based on the number of years of service, from 15 years to 45 years.

(a) Use linear regression to find the linear equation that is the best fit for the data.

(b) Use the equation to find the expected annual retirement benefits after 38 years of service.

Reference no: EM131801574

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