Use Computer Software to Obtain the Regression Equation A) 945
B) 105

question 32

Multiple Choice

Use computer software to obtain the regression equation. Use the estimated equation to find the predicted value
-A study of food consumption in the country related the level of food consumed to an index of food prices and an index of personal disposable income. Next year, the income index number is expected to be 104.2, and the price index is expected to be 107.9. These numbers would indicate a predicted value for food consumption. $\begin{array}{ccc}\hline\text { FOODCONS } & \text { INCOME } & \text { PRICE } \\\hline98.6 & 87.4 & 108.5 \\101.2 & 97.6 & 110.1 \\102.4 & 96.7 & 110.4 \\100.9 & 98.2 & 104.3 \\102.3 & 99.8 & 107.2 \\101.5 & 100.5 & 105.8 \\101.6 & 103.2 & 107.8 \\101.6 & 107.8 & 103.4 \\99.8 & 96.6 & 102.7 \\100.3 & 88.9 & 104.1 \\97.6 & 75.1 & 99.2 \\97.2 & 76.9 & 99.7 \\97.3 & 84.6 & 102.0 \\96.0 & 90.6 & 94.3 \\99.2 & 103.1 & 97.7 \\100.3 & 105.1 & 101.1 \\100.3 & 96.4 & 102.3 \\104.1 & 104.4 & 104.4 \\105.3 & 110.7 & 108.5 \\107.6 & 127.1 & 111.3\\\hline\end{array}$

• A) 94.5
• B) 105.9
• C) 99.4
• D) 102.3

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