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Below is a table with data on consumption and income. The table also contains information to calculation the slope of a line. What is the intercept? Income (2) Cons (y) x 4 3 -1 5 3 32 8 5 4 6 5 1234-0 242 O-0.125 00 020 00.2 xy y (x)(yy) (x 0 0 0 0 -1 26 2)(y-y) (-2)² 1 0 4 9 1 1 1 1 -1 0 0 Tir Att 2 H

Below is a table with data on consumption and income. The table also contains information to calculation the slope of a line. What is the intercept? Income (2) Cons (y) x 4 3 -1 5 3 32 8 5 4 6 5 1234-0 242 O-0.125 00 020 00.2 xy y (x)(yy) (x 0 0 0 0 -1 26 2)(y-y) (-2)² 1 0 4 9 1 1 1 1 -1 0 0 Tir Att 2 H

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Below is a table with data on consumption and income. The table also contains information to calculation the slope of a line. What is the intercept? Income (2) Cons (y) x 4 3 -1 5 3 32 8 5 4 6 5 1234-0 242 O-0.125 00 020 00.2 xy y (x)(yy) (x 0 0 0 0 -1 26 2)(y-y) (-2)² 1 0 4 9 1 1 1 1 -1 0 0 Tir Att 2 H
Transcribed Image Text:Below is a table with data on consumption and income. The table also contains information to calculation the slope of a line. What is the intercept? Income (2) Cons (y) x 4 3 -1 5 3 32 8 5 4 6 5 1234-0 242 O-0.125 00 020 00.2 xy y (x)(yy) (x 0 0 0 0 -1 26 2)(y-y) (-2)² 1 0 4 9 1 1 1 1 -1 0 0 Tir Att 2 H
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