Question
Problem 1. (22 points) Gina Sullivan, a researcher in healthcare economics, hopes to predict each patient's family income (and therefore abilty to pay) based on
Problem 1. (22 points) Gina Sullivan, a researcher in healthcare economics, hopes to predict each patient's family income (and therefore abilty to pay) based on his or her father's highest level of education. For example, "12" means that the father completed 12 years of schooling (high school graduate). To help keep the numbers managable, she rounded income. For example, 21.8 means that the family income was $21,800. Gina looked at historical data from 20 previous people (below). Patient Highest Year of School Completed (Father) Family Income (20.2 = $20,200)
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