1
Large student debt is a growing problem for college graduates, with many graduates seemingly unable ever to get out of debt. Suppose the average college debt for graduates is \$120,000 with a standard deviation of $40000, and suppose the average stress level of college graduates on a 1–100 scale is 30 with a standard deviation of 10. If the correlation between the stress level and college debt is 0.6, w hat is the least squares linear regression equation for stress level among college graduates based on their amount of debt (in \$1,000)?
A
Predicted stress level = 12 + 0.15(College debt in \$1,000)
B
Predicted stress level = 113.5 + 0.15(College debt in \$1,000)
C
Predicted stress level = 30 + 2.4(College debt in \$1,000)
D
Predicted stress level = 0.25(College debt in \$1,000)
E
Predicted stress level = 28.2 + 0.015(College debt in \$1,000)