Given, X=119,85,97,95,120,92,105,110, 98,98            Y=154,123,125,130,151,131,141,141,130,134 Required: Using simple linear regression, research whether income is good enough to determine consumption

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.4: Linear Regression
Problem 12SBE: Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4
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Given, X=119,85,97,95,120,92,105,110, 98,98

           Y=154,123,125,130,151,131,141,141,130,134

Required:
Using simple linear regression, research whether income is good enough to determine consumption

 

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