The equation of the regression line is Y^=50000+(−500)X. Where is the observed value in relation to the regression line? A financial education time of 29 hours is found to result in a amount of debt of 35500 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line? A financial education time of 31 hours is found to result in a amount of debt of 36551 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line? A financial education time of 22 hours is found to result in a amount of debt of 38591 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line?

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