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.
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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