The following data were collected during a study of consumer buying patterns: a. Plot the data.

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QUESTION:

The following data were collected during a study of consumer buying patterns:

a. Plot the data.

b. Obtain a linear regression line for the data.

c. What percentage of the variation is explained by the regression line?

d. Use the equation determined in part b to predict the expected value of y for x 41.


 

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