# From the data in the table below, estimate two regression models using a calculator or MS...

###### Question:

From the data in the table below, estimate two regression models using a calculator or MS Excel (calculations only) to solve this. At a very minimum, please attempt one using a calculator. Show your work in a table Model 1: Weekly Disposable IncomeAge+ Model 2: Weekly Per Capita Consumption Age+ Age (years) Income (S Weekly Disposable Weekly Consumption per capita (S 30 35 40 45 50 500 550 600 500 900 1000 1000 1200 1500 50 60 60 50 70 75 80 90 60 65 70 For each model a) Find the slope, intercept and model equation. b) Interpret the estimated regression line c) Find and interpret R2 d) Find the predicted value of the dependent variable when Age is 58.

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