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use the equation for the line of best fit to predict the salary for an employee with 6 years of experience? (round your answer to the nearest dollar.) $61,150 $58,587 $59,672 $57,990

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ashishdwivedilVT

The wage for a worker with six years of experience is predicted by the equation for the line of best fit, which is $58,587.

What does slope refer to?

Although it was originally used in English by O'Brien in 1844 when he expressed the equation for a straight line as "y = mx + b," and by Todhunter in 1888 when he wrote it as "y = mx + c," it is unknown why the letter m is usually used to denote slope.

The slope can be calculated by comparing the "vertical change" to "horizontal change" between any two distinct points on a line. The outcome is the same for each ratio when expressed as a quotient ("rise over run").

Any two spots in the specified grid must be taken.

Let the two points are (0, 52000), (1, 53,150)

m=(53150-52000)/(1-0)

m=1150

Therefore, slope=1150

Now, the equation of the line is y=mx+b

52000=1150(0)+c

c=52000

Therefore, y=1150x+52000

For 6 years experience,

Take x=6 then,

y=1150(6)+52000

y=6900+5200

y=58,900

y=$58,900≈58,587

Learn more about Slope here

https://brainly.com/question/3605446

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