Answer:
d = 47000
Step-by-step explanation:
The exercise is already giving the data we need to calculate this.
First, we have to use the linear regression formula which is:
y = a + bx
where:
a = intercept
b = slope
In this case we already have the slope and intercept, the value of x, will be the number of years reflected here, therefore, the predicted income would be:
y = 2000(16) + 15000
y = 32000 + 15000
y = 47,000
