Question: Use the information given below to answer the seven ( 2 3 - 2 9 ) questions that follow. Northeastern Commerce Bank wants to analyze

Use the information given below to answer the seven (23-29) questions that follow.
Northeastern Commerce Bank wants to analyze how does the income influence financing rates, a financing team recorded the average financing rate (%) and the average income of its customers in a local branch. A simple linear regression of the data follows (partial output is shown):
\table[[,1,2,3,4,5,6,7,8,9,10],[\table[[Income],[(thousands)]],10.6,13.3,18.5,11.5,11.7,20.1,15.5,15,11.1,16.7],[\table[[Financing],[Rate (%)]],8,8.5,7.6,8.5,8.9,7.5,8.8,8,7.8,8.4]]
SUMMARY OUTPUT
Regression Statistics
Multiple R ,0.4431
R Square ,0.1963
Adjusted R ,0.0959
Square
 Use the information given below to answer the seven (23-29) questions

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