We want to predict the weekly cost of groceries from the num
We want to predict the weekly cost of groceries from the number of individuals in a household. In trying to construct the regression equation, we know the mean number of people in a household is 3.25 and the mean weekly grocery bill is $130. If the slope of the regression is b=22 what is the Y intercept, a?
A) 3.25
B) -58.5
C) 22
D) 58.5
E) 400.5
Solution
B) -58.5
