QUESTION 5 Use Excel to develop a regression model for the Consumer Food Database (using the "Excel Databases.xls" file on Blackboard) to predict Annual Food Spending by Annual Household Income for those living in the Metro area only. Suppose a household in the metro area has an annual income of $60,000. Predict how much they spend on food per year. Write your answer as a number (do not include the $ sign or comma) and round to 2 decimal places. 10072.96

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...
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I need help with this excel question. Any help is greatly appreciated.

I've added a link to download the excel file from. I figured this would be much easier to use. 

Thank you

Excel file:

https://drive.google.com/file/d/1TQG5r2wzLGk--75whZXyb0SDTHZTWS0S/view?usp=sharing

QUESTION 5
Use Excel to develop a regression model for the Consumer Food Database (using the "Excel Databases.xls" file on Blackboard) to predict Annual Food Spending by Annual
Household Income for those living in the Metro area only.
Suppose a household in the metro area has an annual income of $60,000. Predict how much they spend on food per year. Write your answer as a number (do not include the
$ sign or comma) and round to 2 decimal places.
10072.96
Transcribed Image Text:QUESTION 5 Use Excel to develop a regression model for the Consumer Food Database (using the "Excel Databases.xls" file on Blackboard) to predict Annual Food Spending by Annual Household Income for those living in the Metro area only. Suppose a household in the metro area has an annual income of $60,000. Predict how much they spend on food per year. Write your answer as a number (do not include the $ sign or comma) and round to 2 decimal places. 10072.96
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