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Assume the Regression Equation Is Y=$75 + $25x and We

Question 73

Multiple Choice

Assume the regression equation is y=$75 + $25x and we are predicting the weekly grocery expenditures where x=number of family members.How much would a family of 4 spend on groceries per week?


A) $700
B) $400
C) $175
D) $100
E) $425

Correct Answer:

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