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Pls do in word format Many people assume that the total amount of money saved depends on their total income. The following data shows the

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Pls do in word format

Many people assume that the total amount of money saved depends on their total income. The following data shows the average saving per month (RM'00) and average income per month (RM'OO) for various groups of employees. Income Saving 11. 01 1.4 1.8 2.4 3.0 3.8 4.3 4.5 5.8 16.3 1. Fit a simple linear regression model for this data. [7 marks) 2. How much money will a person save if his monthly income is RM4.500? [3 marks]

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