Question: =+a) Interpret the intercept in the linear model. b) Interpret the slope in the linear model. c) If a customer has an Income of $20,000,

=+a) Interpret the intercept in the linear model.

b) Interpret the slope in the linear model.

c) If a customer has an Income of $20,000, what is his predicted total yearly Purchases?

d) This customer’s yearly Purchases were actually $100.What

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