Problem
1. Using the data from the preceding question, compute the percentage change in consumption and the percentage change in income for each pair of adjoining years between 2006 and 2013.
2. You are told that the relationship between two variables, X and Y, has the form Y = 10+2X. By trying different values for X you can obtain the corresponding predicted value for Y (e.g., if X = 3, then Y = 10+2×3 = 16). For values of X between 0 and 12, compute the matching value of Y and plot the scatter diagram.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.