Question: A researcher is interested in developing a model that can be used to distribute assistance to low income families for food costs. She used data
A researcher is interested in developing a model that can be used to distribute assistance to low income families for food costs. She used data from a national social survey to predict weekly amount spent on food using household income. The resulting regression equation is food costs per week = 101.33 + 0.77 Household Income.
How much would be needed to feed a family for a week whose household income is $12,000?
A) $193.73
B) $871.33
C) $110.57
D) $9341.33
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