We are given the equation to estimate the salary according to the years of experience:
[tex]\text{Estimated Salary}=22710.65+2006.17\cdot(\text{Years of Experience})[/tex]Knowing the years of experience (16), we just need to replace the value on the equation:
[tex]\text{Estimated Salary}=22710.65+2006.17\cdot16[/tex]Solving:
[tex]\text{Estimated Salary}=54809.37[/tex]According to the model, an employee with 16 years of experience will have a salary of $54809.37.
