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A financial advisor wants to determine how the amount of time spent on financial education affects the amount of debt. 50000 The equation of the

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A financial advisor wants to determine how the amount of time spent on financial education affects the amount of debt. 50000 The equation of the regression line is Y = 50000 + (-500) X. 40000 A financial education time of 24 30000 hours is found to result in an amount Amount of debt (in dollars) of debt of 38000 dollars. What is 20000 the predicted amount of debt? Ex: 7.9 dollars 10000 Where is the observed value in relation to the regression line? 10 20 30 40 50 60 Pick v Financial education time (in hours) A financial education time of 15 hours is found to result in a amount of debt of 43523 dollars. What is the predicted amount of debt? dollars Where is the observed value in relation to the regression line? Pick v A financial education time of 28 hours is found to result in a amount of debt of 33465 dollars. What is the predicted amount of debt? dollars Where is the observed value in relation to the regression line? Pick v

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