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In a preliminary study of consumption patterns, the following data were obtained, the following data were obtained from 30 families regarding recreational spending (Y) (in
In a preliminary study of consumption patterns, the following data were obtained, the following data were obtained from 30 families regarding recreational spending (Y) (in hundreds of dollars) and hundreds of dollars) on recreation and annual income (X)(in thousands of dollars). Here is the (incomplete) regression report for these data:
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