(Step-by-Step) High School Dropouts: Income Five Small cities in California (El Centro, Eureka, Hanford, Madera, and San Luis Obispo-Atascadero) reported the


Question: High School Dropouts: Income Five Small cities in California (El Centro, Eureka, Hanford, Madera, and San Luis Obispo-Atascadero) reported the following information. Let x be the percentage of 16- to 19-year-olds not in school and not high school graduates. Let y be the per capita income in thousands of dollars.

X 16.2 9.9 19.5 19.7 9.8

Y 7.2 8.8 7.9 8.1 10.3

Complete Parts (a) through (c)

(d) In a small city in California where x = 17, what would the least-squares equation forecast for y = per capita income (in thousands of dollars) in this community?

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Solution: The downloadable solution consists of 3 pages
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