Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please provide pictures of software output using excel 9-8 12.46 A study was done to determine whether the re gender of the credit card holder

Please provide pictures of software output using excel

image text in transcribed
9-8 12.46 A study was done to determine whether the re gender of the credit card holder was an important fac- tor in generating prot for a. certain credit card com- pany. The variables considered were income, the num- ber of family members, and the gender of the card holder. The data are as follows: ice loo: gas Family Prot Income Gender Members 157 45 ,000 M 1 #181 55, 000 M 2 -253 45,800 M 4 158 38,000 M 3 '75 75,000 M 4 202 99,750 M 4 -451 28,000 M 1 146 39,000 M 2 89 54,350 M 1 -357 32,500 M 1 522 36,750 F 1 78 42,500 F 3 5 34,250 F 2 177 36,750 F 3 123 24,500 F , 2 251 27,500 - F i 1 56 18,000 L r F' 1 453 24,500 r a F 1 288 88,750 Ff 1 104 19,750 _ , IEF'i : 2 (a) Fit a linear regression: mhdel "115mg the variables available. Based on the tted model, would the company prefer male or female customers? (b) Would you say that income was an important face tor in explaining the variability in prot

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trigonometry A Unit Circle Approach (Subscription)

Authors: Michael Sullivan

10th Edition

0134178785, 9780134178783

More Books

Students also viewed these Mathematics questions

Question

Relax your shoulders

Answered: 1 week ago