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A data company put together an index that expresses the cost of living in other cities as a percentage of the cost in a major
A data company put together an index that expresses the cost of living in other cities as a percentage of the cost in a major city. If the Total Cost of Living Index for a city is 142 that city is 42% more expensive than in the major city. The data also contains separate indices for Groceries, Rent, and Restaurants. The output shows the regression of Total Cost of Living Index on Groceries Index. Complete parts a through d below. Predictor Estimate Std Error t-Ratio P-Value Intercept 10.64 0.89 12.0
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