Develop a scatter plot between annual household spending and annual income. The scatter diagram should include a proper title, a solid trend line, axis titles, and a regression equation, and the Coefficient of Determination (R –square). Monthly Household Spending ($) Annual Household Income ($) Household Size 4,016 54000 3 3,159 30000 2 5,100 32000 4 4,742 50000 5 1,864 31000 2 4,070 55000 2 2,731 37000 1 3,348 40000 2 4,764 66000 4 4,110 51000 3 4,208 25000 3 4,219 48000 4 2,477 27000 1 2,514 33000 2 4,214 65000 3 4,965 63000 4 4,412 42000 6 2,448 21000 2 2,995 44000 1 4,171 37000 5 5,678 62000 6 3,623 21000 3 5,301 55000 7 3,020 42000 2 4,828 41000 7 5,573 54000 6 2,583 30000 1 3,866 48000 2 3,586 34000 5 5,037 67000 4 3,605 50000 2 5,345 67000 5 5,370 55000 6 3,890 52000 2 4,705 62000 3 4,157 64000 2 3,579 22000 3 3,890 29000 4 2,972 39000 2 3,121 35000 1 4,183 39000 4 3,730 54000 3 4,127 23000 6 2,921 27000 2 4,603 26000 7 4,273 61000 2 3,067 30000 2 3,074 22000 4 4,820 46000 5 5,149 66000 4
Develop a scatter plot between annual household spending and annual income. The scatter diagram should include a proper title, a solid trend line, axis titles, and a regression equation, and the Coefficient of Determination (R –square). Monthly Household Spending ($) Annual Household Income ($) Household Size 4,016 54000 3 3,159 30000 2 5,100 32000 4 4,742 50000 5 1,864 31000 2 4,070 55000 2 2,731 37000 1 3,348 40000 2 4,764 66000 4 4,110 51000 3 4,208 25000 3 4,219 48000 4 2,477 27000 1 2,514 33000 2 4,214 65000 3 4,965 63000 4 4,412 42000 6 2,448 21000 2 2,995 44000 1 4,171 37000 5 5,678 62000 6 3,623 21000 3 5,301 55000 7 3,020 42000 2 4,828 41000 7 5,573 54000 6 2,583 30000 1 3,866 48000 2 3,586 34000 5 5,037 67000 4 3,605 50000 2 5,345 67000 5 5,370 55000 6 3,890 52000 2 4,705 62000 3 4,157 64000 2 3,579 22000 3 3,890 29000 4 2,972 39000 2 3,121 35000 1 4,183 39000 4 3,730 54000 3 4,127 23000 6 2,921 27000 2 4,603 26000 7 4,273 61000 2 3,067 30000 2 3,074 22000 4 4,820 46000 5 5,149 66000 4
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
Related questions
Question
Develop a scatter plot between annual household spending and annual income. The
Monthly Household Spending ($) | Annual Household Income ($) | Household Size |
4,016 | 54000 | 3 |
3,159 | 30000 | 2 |
5,100 | 32000 | 4 |
4,742 | 50000 | 5 |
1,864 | 31000 | 2 |
4,070 | 55000 | 2 |
2,731 | 37000 | 1 |
3,348 | 40000 | 2 |
4,764 | 66000 | 4 |
4,110 | 51000 | 3 |
4,208 | 25000 | 3 |
4,219 | 48000 | 4 |
2,477 | 27000 | 1 |
2,514 | 33000 | 2 |
4,214 | 65000 | 3 |
4,965 | 63000 | 4 |
4,412 | 42000 | 6 |
2,448 | 21000 | 2 |
2,995 | 44000 | 1 |
4,171 | 37000 | 5 |
5,678 | 62000 | 6 |
3,623 | 21000 | 3 |
5,301 | 55000 | 7 |
3,020 | 42000 | 2 |
4,828 | 41000 | 7 |
5,573 | 54000 | 6 |
2,583 | 30000 | 1 |
3,866 | 48000 | 2 |
3,586 | 34000 | 5 |
5,037 | 67000 | 4 |
3,605 | 50000 | 2 |
5,345 | 67000 | 5 |
5,370 | 55000 | 6 |
3,890 | 52000 | 2 |
4,705 | 62000 | 3 |
4,157 | 64000 | 2 |
3,579 | 22000 | 3 |
3,890 | 29000 | 4 |
2,972 | 39000 | 2 |
3,121 | 35000 | 1 |
4,183 | 39000 | 4 |
3,730 | 54000 | 3 |
4,127 | 23000 | 6 |
2,921 | 27000 | 2 |
4,603 | 26000 | 7 |
4,273 | 61000 | 2 |
3,067 | 30000 | 2 |
3,074 | 22000 | 4 |
4,820 | 46000 | 5 |
5,149 | 66000 | 4 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning