Abby Kratz,a Market Specialist at the Market Research Firm of Saez,Sikes,and

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 weekly household expenditures on groceries (in $'s) ,and her independent variables are annual household income (in $1,000's) and household neighborhood (0 = suburban,1 = rural) .Regression analysis of the data yielded the following table. For what annual income will a suburban household and a rural household have the same predicted weekly grocery spending?

A) $120,082.9
B) $122,082.9
C) $124,082.9
D) The predicted weekly grocery spending of a rural household will always will be larger for a given annual income.
E) The predicted weekly grocery spending of a suburban household will always will be larger for a given annual income.