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

Question 42

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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. 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  For a rural household with $90,000 annual income,Abby's model predicts weekly grocery expenditure of ________________.<br>A) $156.19<br>B) $224.98<br>C) $444.62<br>D) $141.36<br>E) $175.86<br>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 a rural household with $90,000 annual income,Abby's model predicts weekly grocery expenditure of ________________. A) $156.19 B) $224.98 C) $444.62 D) $141.36 E) $175.86 For a rural household with $90,000 annual income,Abby's model predicts weekly grocery expenditure of ________________.


A) $156.19
B) $224.98
C) $444.62
D) $141.36
E) $175.86

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