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Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm. Abby's

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Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm. Abby's dependent variable is weekly household expenditures on groceries (in \$'s), and her independent variables are annual household income (in $1,000 's) and household neighborhood ( 0= rural, 1 = suburban). Regression analysis of the data yielded the following table. Calculate the predicted weekly grocery expenditure (based on the regression equation obtained from the above output) for a suburban household with $70,000 annual income. Provide your answer to the nearest two decimal places. Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm. Abby's dependent variable is weekly household expenditures on groceries (in \$'s), and her independent variables are annual household income (in $1,000 's) and household neighborhood ( 0= rural, 1 = suburban). Regression analysis of the data yielded the following table. Calculate the predicted weekly grocery expenditure (based on the regression equation obtained from the above output) for a suburban household with $70,000 annual income. Provide your answer to the nearest two decimal places

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