The data for per capita income and per capita beer consumption for the 50 states and Washington, D.C., from Exercise 4.71 are on the WeissStats CD.
Does a higher state per capita income equate to a higher per capita beer consumption? From the document Survey of Current Business, published by the U.S. Bureau of Economic Analysis, and from the Brewer's Almanac, published by the Beer Institute, we obtained data on personal income per capita, in thousands of dollars, and per capita beer consumption, in gallons, for the 50 states and Washington, D.C. Those data are provided on the WeissStats CD.
a. Decide whether finding a regression line for the data is reasonable. If so, then also do parts (b)–(d).
b. Obtain the coefficient of determination.