[Solution Library] Use the data in the table, which shows the personal income and outlays (both in trillions of dollars) for Americans for 11 recent years.
Question: Use the data in the table, which shows the personal income and outlays (both in trillions of dollars) for Americans for 11 recent years. (Source: U.S. Commerce Department, Bureau of Economic Analysis)
Use the regression line to predict the personal outlays when the personal income is 5.3 trillion dollars.
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