(I) Const a table from the data shown on the graph above.

(ii) Which is the dependent variable and which is the independent variable

(iii) Sum the data in equation form.

Q2:

Suppose that Y=MX+b, where Y=consumption, b=consumption at zero income, M=slope, and X=income

i) Are Y and X positively related or are they negatively related?

(ii) If graphed, would the curve for this equation slope upward or slope downward?

(iii) Are the variables Y and X inversely related or directly related?

(iv) What is the value of Y if b=10, M=.50, and X=200? (v) What is the value of X if Y=100, b=10, and M=.25?

100 80 60 Exam score (points) 40 20 0 2 4 6 8 10 Study time (hours) QUESTION 1: (i) t a table from the data shown on the graph above. (ii] Which is the dependent variable and which is the independent variable (iii) wive the data in equation form. QUESTION 2: Suppose that Y=MX+b, where Y=consumption, b=consumption at zero income, M=slope, and X=income Are Y and X positively related or are they negatively related? (ii) If graphed, would the curve for this equation slope upward or slope downward? (iii) Are the variables Y and X inversely related or directly related? What is the value of Y if b=10, M=.50, and X=200? (v) What is the value of X if Y=100, b=10, and M=.25