(Steps Shown) Use the data in the table, which shows the personal income and outlays (both in trillions of dollars) for Americans for 11 recent years. Personal


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.

Personal income, x Personal outlays, y
5.6
5.8
6.2
6.5
6.9
7.4
7.8
8.4
8.7
8.9
9.2
4.6
4.9
5.2
5.5
5.8
6.1
6.5
7.0
7.3
7.7
8.0

Find the equation of the regression line for the data. Include the regression line in the scatter plot.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in