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SUMMARY OUTPUT Regression Statistics Multiple R 0.633614748 R Square 0.401467649 Adjusted R Square 0.388732918 Standard Error
Fill in the following table: Indep Variable Corr Coef Income Household Size (4 pt) Slope p-value Ras a % y-intercept Slope *P
0 0
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Answer #1
independent variable corr coef R2 y-intercept slope slope p-value
income 0.6336 40.15% 2194.7073 40.8709 1.03E-06
household size 0.7536 56.79% 2575.2162 404.7702 4.13E-10

*estimated regression model using income;

est(amount charged) =(2194.7073)+(40.8709 *income

*estimated regression model using household size;

est(amount charged) =(2575.2162)+(404.7702) *household size

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