Question: Using Module 7 Excel Assignment regression data set: the relationship between Income Per Household and Quantity Demanded of Heating Oil is: Select one: a. Depends
Using Module 7 Excel Assignment regression data set: the relationship between Income Per Household and Quantity Demanded of Heating Oil is:
Select one:
a. Depends on Income
b. Can not be determined
c. positive
d. negative
| Quantity Demanded of Heating Oil | Income Per Household | Price of Heating Oil |
| 7.1 | 9 | 50 |
| 5.7 | 9 | 50 |
| 10.3 | 10 | 50 |
| 11.8 | 10 | 50 |
| 11.9 | 11 | 50 |
| 13.9 | 11 | 50 |
| 5.7 | 11 | 60 |
| 6.6 | 11 | 60 |
| 11.5 | 12 | 60 |
| 12.6 | 12 | 60 |
| 16.8 | 13 | 60 |
| 14.4 | 13 | 60 |
| 13.2 | 13 | 70 |
| 9.7 | 13 | 70 |
| 16 | 14 | 70 |
| 9.3 | 14 | 70 |
| 19 | 15 | 70 |
| 21.5 | 15 | 70 |
| 11.3 | 15 | 80 |
| 15.6 | 15 | 80 |
| 15.6 | 16 | 80 |
| 15.8 | 16 | 80 |
| 21.7 | 17 | 80 |
| 20.9 | 17 | 80 |
| Quantity Demanded of Heating Oil is the dependent variable | ||
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