Please answer all parts with the same wording/format as attached. Thank you. CHALLENGE ACTIVITY3.1.5: Using regression to make predictions.Jump to level 1A financial advisor wants to determine how the amount of time spent on financial education affects the amount ofdebt.50000The equation of the regression line isÝ = 50000 + (-500)X.40000A financial education time of 22hours is found to result in an amount30000of debt of 39000 dollars. What is20000the predicted amount of debt?Ex: 7.9dollars10000Where is the observed value inrelation to the regression line?102030405060PickabovebelowFinancial education time (in hours)A financial education time of 35 hours is found to result in aamount of debt of 33063 dollars. What is the predicted amount of debt?Where is the observed value in relation to the regression line?onPickA financial education time of 26 hours is found to result in adollarsamount of debt of 34220 dollars. What is the predicted amount of debt?Where is the observed value in relation to the regression line?PickCheckNextarchAmount of debt (in dollars)D- D D D-

Name: Please answer all parts with the same wording/format as attached. Than
Uploaded: 2024-03-05T11:52:21.000Z
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Description: Please answer all parts with the same wording/format as attached. Thank you. CHALLENGE ACTIVITY3.1.5: Using regression to make predictions.Jump to level 1A financial advisor wants to determine how the amount of time spent on financial education affec