No chatgpt used i will give 5 upvotes typing please Here is data on Comsumption (Y) and Disposible Income (X). Calculate the coefficient b.DisposibleConsumptionIncome12,28015,35012,64815,81112,96516,20613,39216,74113,54016,925

Given information:Consumption (C)Disposable Income…

Answered: Here is data on Comsumption (Y) and…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter25: Departmental Accounting

Section: Chapter Questions

Problem 3RQ

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Here is data on Comsumption (Y) and Disposible Income (X). Calculate the coefficient b. Disposible Consumption Income 12,280 15,350 12,648 15,811 12,965 16,206 13,392 16,741 13,540 16,925