The following data represents annual expenditure on a product (Y), annual income (X₁) and the price of the product (X₂). Y X₁ X₂ 324.00 45,000.00 9.00 386.00 43,000.00 7.00 424.00 52,000.00 4.00 248.00 37,000.00 9.00 204.00 29,000.00 9.00 409.00 39,000.00 5.00 532.00 62,000.00 7.00 627.00 76,000.00 5.00 If a consumer earned $50,000 per year and the good cost $11, we would expect their yearly expenditure to be closest to Select one: O a. $329.90 O b. $332.30 O c. $337.22 O d. $334.86
The following data represents annual expenditure on a product (Y), annual income (X₁) and the price of the product (X₂). Y X₁ X₂ 324.00 45,000.00 9.00 386.00 43,000.00 7.00 424.00 52,000.00 4.00 248.00 37,000.00 9.00 204.00 29,000.00 9.00 409.00 39,000.00 5.00 532.00 62,000.00 7.00 627.00 76,000.00 5.00 If a consumer earned $50,000 per year and the good cost $11, we would expect their yearly expenditure to be closest to Select one: O a. $329.90 O b. $332.30 O c. $337.22 O d. $334.86
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
![The following data represents annual expenditure on a product (Y), annual income
(X₁) and the price of the product (X₂).
Y
X₁1
X2
324.00 45,000.00 9.00
386.00 43,000.00 7.00
424.00 52,000.00 4.00
248.00 37,000.00 9.00
204.00 29,000.00 9.00
409.00 39,000.00 5.00
532.00 62,000.00 7.00
627.00 76,000.00 5.00
If a consumer earned $50,000 per year and the good cost $11, we would expect
their yearly expenditure to be closest to
Select one:
O a.
$329.90
O b. $332.30
O c. $337.22
O d. $334.86](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a63d390-2125-4e69-bc73-3633da03b78b%2F4d7ec734-2b2e-4f6f-b182-516a5fbbdff7%2Fh0tkyah_processed.png&w=3840&q=75)
Transcribed Image Text:The following data represents annual expenditure on a product (Y), annual income
(X₁) and the price of the product (X₂).
Y
X₁1
X2
324.00 45,000.00 9.00
386.00 43,000.00 7.00
424.00 52,000.00 4.00
248.00 37,000.00 9.00
204.00 29,000.00 9.00
409.00 39,000.00 5.00
532.00 62,000.00 7.00
627.00 76,000.00 5.00
If a consumer earned $50,000 per year and the good cost $11, we would expect
their yearly expenditure to be closest to
Select one:
O a.
$329.90
O b. $332.30
O c. $337.22
O d. $334.86
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