Question: :

Interpret the following:

1. \[\hat{\Upsilon }=\hat{a}+\hat{\beta }\Chi ;\hat{\Upsilon }=3.5+.7\Chi ,\] where \[\hat{\Upsilon }\] = the likelihood of buying a new car
   and \[\Chi \] = total family income.
2. ) \[\hat{\Upsilon }=\hat{a}+\hat{\beta }\Chi ;\hat{\Upsilon }=3.5-.4\Chi ,\] where \[\hat{\Upsilon }\] = the likelihood of buying tickets to a rock concert and \[\Chi \] = age.

Price: $2.99

Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document