Multiple Choice
Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm. Abby's dependent variable is monthly household expenditures on groceries (in $'s) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: 11ea645c_71f3_4ad2_9252_ed9deb194ec5_TB1679_00 Abby's regression model is ___.
A) y = 39.15 + 2.79x
B) y = 39.15 - 1.79x
C) y = 1.79 + 39.15x
D) y = -1.79 + 39.15x
E) y = 39.15 + 1.79xs) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: Abby's regression model is ___. A) y = 39.15 + 2.79x B) y = 39.15 - 1.79x C) y = 1.79 + 39.15x D) y = -1.79 + 39.15x E) y = 39.15 + 1.79x" class="answers-bank-image d-block" rel="preload" > Abby's regression model is ___.
A) y = 39.15 + 2.79x
B) y = 39.15 - 1.79x
C) y = 1.79 + 39.15x
D) y = -1.79 + 39.15x
E) y = 39.15 + 1.79xs) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: Abby's regression model is ___. A) y = 39.15 + 2.79x B) y = 39.15 - 1.79x C) y = 1.79 + 39.15x D) y = -1.79 + 39.15x E) y = 39.15 + 1.79x" class="answers-bank-image d-block" rel="preload" > 11ea645c_71f3_4ad2_9252_ed9deb194ec5_TB1679_00 Abby's regression model is ___.
A) y = 39.15 + 2.79x
B) y = 39.15 - 1.79x
C) y = 1.79 + 39.15x
D) y = -1.79 + 39.15x
E) y = 39.15 + 1.79x
Correct Answer:

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Correct Answer:
Verified
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