Question: 8. In the data demog data.csv, if you model the INCTOT variable as a linear function of the AGE variable, what slope and intercept give

 8. In the data "demog data.csv", if you model the "INCTOT"

8. In the data "demog data.csv", if you model the "INCTOT" variable as a linear function of the "AGE" variable, what slope and intercept give the line with the least squares best fit? (You may use a built-in function for this or the formulas derived in class) (10 points) This question uses 2018 data primarily for Denver county accessed through IPUMS- USA, University of Minnesota, www.ipums.org, Steven Ruggles, Sarah Flood, Ronald Goeken, Josiah Grover, Erin Meyer, Jose Pacas and Matthew Sobek. IPUMS USA: Version 9.0 [dataset]. Minneapolis, MN: IPUMS, 2019. https://doi.org/10.18128/D010.V9.0 The PUMA-to-county restriction was done using MABLE, http://medc.missouri.edu/websas/geocorr12.html. The data are restricted to women in the age range 30-80 in PUMAs primarily in Denver

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