Solved

Thirty Employed Single Individuals Were Randomly Selected to Examine the Relationship

Question 68

Essay

Thirty employed single individuals were randomly selected to examine the relationship between their age (Age) and their credit card debt (Debt) expressed as a percentage of their annual income. Three polynomial models were applied and the following table summarizes Excel's regression results. Thirty employed single individuals were randomly selected to examine the relationship between their age (Age) and their credit card debt (Debt) expressed as a percentage of their annual income. Three polynomial models were applied and the following table summarizes Excel's regression results.   What is the regression equation that provides the best fit? What is the regression equation that provides the best fit?

Correct Answer:

verifed

Verified

blured image = -36.793...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions