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Q3. (12 marks) The number of household members, x and the amount spent on groceries per week, y (rounded to the nearest dollar) are measured
Q3. (12 marks) The number of household members, x and the amount spent on groceries per week, y (rounded to the nearest dollar) are measured for eight households in the Big Rapids area. The data are shown below: X 5 2 2 1 4 3 5 3 140 50 55 35 95 70 130 65 Create a raw scatterplot of these eight data points (no regression line or equation). Find the best-fitting regression line for these data. Round the numerical values to three decimal places. y = Plot the points and the best-fitting line on the same graph. What would you estimate a household of seven to spend on groceries per week? Round your answer to two decimal places. Should you use the fitted line to estimate this amount? Why or why not
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