A random sample of 20
individuals who graduated from college five years ago were asked to report
the total amount of debt (in $) they had when they graduated from college and
the total value of their current investments (in $) resulting in the data set
1)Develop a regression equation for
predicting current investment based on college debt. What is the expected
change in current investment for each additional dollar of college debt? Give
your answer to four decimal places.
2)What is the predicted current
investment for an individual who had a college debt of $5000? Give your
answer to two decimal places.
3)What proportion of the variation in
current investment is explained by college debt? Give your answer to four