Mergea Center - $ - % Agent 24 You are building a repression equation which relates...
Mergea Center - $ - % Agent 24 You are building a repression equation which relates household weekly expenditure on FOOD to the household's 25 weekly INCOME x=Weekly INCOME (hundreds of dollars) y = Weekly expenditure on FOOD (dollars) 30 From the data for 25 households the following quantities are calculated. 20-y)' 112,28777 Sty-y)- 292,245.84 25 20.776 301.920 Sxy=166,105.00 XX 11.559.28 38 Use the above quantities to answer questions 1.10 391 The estimated regression equation indicates that for each additional $100 income food expenditure 40 increases by $ 12.090 $12.09 42 11.364 $11.36 43 C 10.683 6 S10.68 4 d 9.614 59.61 45 46.2 The predicted food expenditure for a household with S600 weekly income is 131 is $ E270 TESTO # Type here to search a w ER TY u