Math Problem Solver

Table B: Financial expertise and average annual remuneration (in Rand) of 15 randomly selected financial sector employees. Employee Ref # 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Financial Expertise 4.8 7.2 5.4 6.5 8 9.8 7.3 8.2 8.4 5.2 7.6 7.9 8.6 8.5 9.4 Average Annual Salary, R mil 0.5 0.98 0.69 0.95 1.2 2.1 1.1 1.32 1.45 0.65 1.05 1.32 1.6 1.5 1.92 QUESTION 15 (4 Marks) Determine the linear regression equation of the relationship between the independent variable (x) and the dependent variable (y). A. y = 0.2933 + 0.9835x B. y = 0.2933x - 0.9835 C. y = 0.2933x + 0.9835 D. y = 0.9835x - 0.2933 QUESTION 16 (4 Marks) Given a financial expertise of 6.0 for a randomly selected employee, determine the employee’s average annual salary. A. Approximately R776 300 B. Approximately R6 194 300 C. Approximately R2 743 300 D. Approximately R663 400