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Chapter 3 Homework 41 Saved Help Save & Exit Submit Problem 3-26 (Static) The following data were collected during a study of consumer buying patterns:
Chapter 3 Homework 41 Saved Help Save & Exit Submit Problem 3-26 (Static) The following data were collected during a study of consumer buying patterns: Observation x y Observation x y 8 15 74 8 18 78 points 2 25 80 9 14 70 40 84 10 15 72 4 Skipped 32 81 11 22 85 5 51 96 12 24 88 47 95 13 33 90 7 30 83 eBook References Click here for the Excel Data File b. Obtain a linear regression line for the data. (Round your intermediate calculations and final answers to 3 decimal places.) Y= 8 41 points Skipped Jave & Exit Submit c. What percentage of the variation is explained by the regression line? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Approximately of the variation in the dependent variable is explained by the independent variable eBook References d. Use the equation determined in part b to predict the expected value of y for x=41. (Round your answers to 3 decimal places.) y=
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