Example 11) The following table contains data from selected cities regarding rental rates of two- bedroom apartments, city populations, and median incomes. Monthly rent is given in dollars, population is given in thousands of people, and median income is given in thousands of dollars rent population income 868 600.158 45.438 212.237 31.704 1414 1307.402 61.962 741 707 819 966 1219 735 812 1407 789 988 805 827 124.354 28.653 229.617 41.979 646.889 36.535 790.39 50.236 608.66 204.214 37.735 120.083 47.799 30.413 136.286 33.778 382.578 45.625 713.777 29.447 229.493 35.436 58.99 66.9 SUMMARY OUTPUT Regression Statistics Multiple R R Square AdjustedR Square Standard Error Observations 0.914421 0.836166 0.80886 104.2652 15 ANOVA Significance df MS Regression Residual Total 2 12 14 665807 332903.5 30.62242 130454.8 10871.23 796261.7 1.93E-05 Standard Upper 95% Coefficients 138.5023 0.119898 16.82067 Error 104.8702 1.320701 0.211235 0.084283 1.422562 0.180335 2.459239 6.839786 t Stat P-value Lower 95% Intercept population income 89.9904 366.9949 0.063740.303535 11.46245 22.17889 1.8E-05