Use the data in Table 1.2 to calculate least squares estimates of the relationship between income and

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Use the data in Table 1.2 to calculate least squares estimates of the relationship between income and spending. What is the estimated slope?
Income...............................................................................spending
292.......................................................................................493
730.......................................................................................802
1176......................................................................................1196
1636.......................................................................................1598
2292.......................................................................................2124
3243.......................................................................................2814
4207.......................................................................................3467
6598.......................................................................................4950
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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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