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Location Income ($1000) Size Years Credit Balance ($) Urban 54 3 12 4,016 Rural 30 2 12 3,159 Suburban 32 4 17 5,100 Suburban 50

Location Income

($1000) Size Years Credit

Balance ($) Urban 54 3 12 4,016 Rural 30 2 12 3,159 Suburban 32 4 17 5,100 Suburban 50 5 14 4,742 Rural 31 2 4 1,864 Urban 55 2 9 4,070 Rural 37 1 20 2,731 Urban 40 2 7 3,348 Suburban 66 4 10 4,764 Urban 51 3 16 4,110 Urban 25 3 11 4,208 Urban 48 4 16 4,219 Rural 27 1 19 2,477 Rural 33 2 12 2,514 Urban 65 3 12 4,214 Suburban 63 4 13 4,965 Urban 55 6 15 4,412 Urban 21 2 18 2,448 Rural 44 1 7 2,995 Urban 37 5 5 4,171 Suburban 62 6 13 5,678 Urban 21 3 16 3,623 Suburban 55 7 15 5,301 Rural 42 2 19 3,020 Urban 41 7 18 4,828 Suburban 54 6 14 5,573 Rural 30 1 14 2,583 Urban 48 2 8 3,866 Urban 34 5 5 3,586 Suburban 67 4 13 5,037 Rural 50 2 11 3,605 Urban 67 5 1 5,345 Urban 55 6 10 5,370 Urban 52 2 11 3,890 Urban 62 3 2 4,705 Urban 64 2 6 4,157 Suburban 22 3 18 3,899 Urban 29 4 4 3,890 Suburban 39 2 18 2,972 Rural 35 1 11 3,121 Urban 39 4 15 4,183 Suburban 54 3 9 3,730 Suburban 23 6 18 4,127 Rural 27 2 1 2,921 Urban 26 7 17 4,603 Suburban 61 2 14 4,273 Rural 30 2 14 3,067 Rural 22 4 16 3,074 Suburban 46 5 13 4,820 Suburban 66 4 20 5,149 Rural 53 1 7 2845 Urban 44 6 5 3962 Suburban 74 7 12 5394 Urban 25 3 15 3442 Suburban 66 7 14 5036

QUESTIONS:

  1. Compute the 98% confidence interval for 1 (the population slope).Interpret this interval.
  2. What can we say about the credit balance for a customer that has a household size of 9? Explain your answer.
  3. Using Excel run the multiple regression analysis using the variables INCOME, SIZE and YEARS to predict CREDIT BALANCE. State the equation for this multiple regression model

IT'S NOT LETTING ME UPLOAD MY EXCEL SPREADSHEET

I'm a confused with these 3 questions and I cannot move past them to continue with the HW. Can someone please help me.

Thank you

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