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Item29 eBook Item 29 Annual income in thousands of dollars (X1) and family size (X2) have been selected as independent variables to help predict mean

Item29

eBook

Item 29

Annual income in thousands of dollars (X1) and family size (X2) have been selected as independent variables to help predict mean annual family savings measured in hundreds of dollars. The estimated least squares regression equation is: Y = 3.98 + 0.23X1 - 0.896 X2 Mean annual savings for a family with 4 members and an annual income of $75,000 is predicted to be $________.

Do not include the $ sign or any commas or spaces in your answer.

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