You are interested in what is the effect of the number of children on the monthly family income. You collect a dataset with information on 1,200 households' number of children and their monthly family income. This is the estimated regression equation: familyincome = 1.200 + 150 num*child Answer the following questions Don't forget to include units of measurement. directions and magnitudes as appropriate Round your answers to two decimals. A. What is the predicted family income for a household with 2 children? El. Interpret the n coefcient {In a sentence} C. Consider two households. Household A has only one child and household B has four children. Fill in the blanks for the following sentence. I expect household A's familyr income to be i dollars | (higherflowerfequalfcannot say) than household B's family income. D. Consider a household with 3 children and a family income of 2.100 dollars. What is this household's regression residual, all. Hi ? don't forget the negative sign, it there is one. , l