1) What percent of income do people spend for their living expenses? The following computer output shows the relationship between the amount of money spent (in dollars) on Living Expenses per month vs. Income per month. Predictor Coef SE Coef P Constant 438.525 3.341 131.25 0.000 Income 0.51145 0.02325 22.00 0.000 S = 12.2225 R-Sq = 91.0% R-Sq (adj) = 90.8% %3D %3!
1) What percent of income do people spend for their living expenses? The following computer output shows the relationship between the amount of money spent (in dollars) on Living Expenses per month vs. Income per month. Predictor Coef SE Coef P Constant 438.525 3.341 131.25 0.000 Income 0.51145 0.02325 22.00 0.000 S = 12.2225 R-Sq = 91.0% R-Sq (adj) = 90.8% %3D %3!
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:1) What percent of income do people spend for their living expenses? The following
computer output shows the relationship between the amount of money spent (in dollars)
on Living Expenses per month vs. Income per month.
Predictor
Coef SE Coef
P
Constant
438.525
3.341 131.25 0.000
Income
0.51145 0.02325
22.00 0.000
S = 12.2225
R-Sq = 91.0%
R-Sq (adj) = 90.8%
%3D
%3!
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