What will be the prediction monthly grocery expenditures


Abbys dependent variable is montgly household expenditures on groceries (ins) and her independent varible is annual household income (in 1,000). abby's regression model is y=39.15+1.79x

a. Specify the slope and the intercept

b. For a household with 50,000 annual income, what will be the prediction monthly grocery expenditures?

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Basic Statistics: What will be the prediction monthly grocery expenditures
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