A random sample of ten families had the following income and food expenditure (in per...
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A random sample of ten families had the following income and food expenditure (in £ per week): A B 20 30 7 C 33 D E 40 15 11 5 F G 13 26 4 I 35 Families H Family income 38 Family expenditure 8 8 10 Estimate the regression line of food expenditure on income and interpret your results. J 43 10 9 A random sample of ten families had the following income and food expenditure (in £ per week): A B 20 30 7 C 33 D E 40 15 11 5 F G 13 26 4 I 35 Families H Family income 38 Family expenditure 8 8 10 Estimate the regression line of food expenditure on income and interpret your results. J 43 10 9
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SOLUTION Based on the data you provided here is the regression line of food expenditure on income Food Expenditure 026 083 x Income In other words for ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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