Question: (This problem continues the analysis from Problem 8.2.) Given the following data for a family: (a) Predict the level of alcohol expenditure for this family.
(This problem continues the analysis from Problem 8.2.) Given the following data for a family:
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(a) Predict the level of alcohol expenditure for this family.
(b) If their actual expenditure turned out to be 32.50, how accurate would you judge the prediction?
Family Income Adults Smoker 18 700 2 1
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