Using the data below: Daily Income, $ 45 59 35 49 25 42 39 Daily Food Expenditure, $ 20 28 17 21 25 20 23 a) Find the least square regression equation to predict daily food expenditure based on daily income. b)Predict the daily food expenditure of an individual whose daily income is $40. c) Compute the coefficient of determination and the correlation coefficient of your regression model.

Using the data below: Daily Income, $ 45 59 35 49 25 42 39 Daily Food Expenditure, $ 20 28 17 21 25 20 23 a) Find the least square regression equation to predict daily food expenditure based on daily income. b)Predict the daily food expenditure of an individual whose daily income is $40. c) Compute the coefficient of determination and the correlation coefficient of your regression model.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Statistics - Regression Analysis
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