Question 21 (4 points) Assume that the Least Squares regression equation resulting from this data is Salary = 13.4 + 4*GPA. Based on these results,...

Assume that the Least Squares regression equation resulting from this data is Salary = 13.4 + 4*GPA. Based on these results, which of the following statements is true:

Question 21 options:

For every 1 point increase in GPA, Salary increases by 13.4 (thousand dollars)

For every one point increase in GPA, Salary increases by 4 (thousand dollars).

For every 1 (thousand) dollar increase in Salary, GPA will increased by 4 points.

For every 13.4 (thousand) dollar increase in Salary, GPA will increase by 1 point.