Q.3. A random sample of ten families had the following income and food expenditure Families A B C D E F G H I J Income 18 28 31 38 15 13 24 36 33 40 Food Expenditure 7 10 8 10 6 4 7 10 9 10 Estimate the regression line of food expenditure on income.

Q.3. A random sample of ten families had the following income and food expenditure Families A B C D E F G H I J Income 18 28 31 38 15 13 24 36 33 40 Food Expenditure 7 10 8 10 6 4 7 10 9 10 Estimate the regression line of food expenditure on income.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphics To Economics

Problem 1SQ

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Q.3. A random sample of ten families had the following income and food expenditure

Families	A	B	C	D	E	F	G	H	I	J
Income	18	28	31	38	15	13	24	36	33	40
Food Expenditure	7	10	8	10	6	4	7	10	9	10

Estimate the regression line of food expenditure on income.

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