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The equation of the regression line is y=5000+(-500)xA financial education time of 24 hours is found to result in an amount of debt of 38000

The equation of the regression line is y=5000+(-500)xA financial education time of 24 hours is found to result in an amount of debt of 38000 dollars. What is the predicted amount of debt?Where is the observed value in relation to the regression line?A financial education time of 26 hours is found to result in a amount of debt of 40634 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line?A financial education time of 19 hours is found to result in a amount of debt of 37497 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line?

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50000 40000 30000 Amount of debt (in dollars 20000 10000 O 10 20 30 40 50 60 Financial education time (in hours)

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