This Test: 180 pts possible : This Question: 10 pts 10(14 (0 ab A researcher is

Question

This Test: 180 pts possible : This Question: 10 pts 10(14 (0 ab A researcher is interested in developing a model that can be used to distribute assistance to low-income families for food costs. She used data from a national social survey to predict weekly amount spent on food using household income n S 1000 The resulting regression equation is ood/w10 1.33 +077H1 co e How much money would be needed to feed a family for a week whose household income is $12,000? A. S934133 O B. $193.73 C. $871.33 O D. $110.57 y Cou Course study Chapter Click to @iTunes @ND

Explanation / Answer

The predicted value here is computed by simply putting the value in the equation as:

= 101.33 + 0.77*Income

= 101.33 + 0.77*12

Note that we used 12 instead of 12000 as Income variable is to be put in 1000s

= 110.57

Therefore D is the correct answer here.

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