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
Annual Food Spending ($) | Annual Household Income ($) | Non mortgage household debt ($) | Region: 1 = NE 2 = MW 3 = S 4 = W | Location: 1 = Metro 2 = Outside Metro |
8909 | 56697 | 23180 | 1 | 1 |
5684 | 35945 | 7052 | 1 | 1 |
10706 | 52687 | 16149 | 1 | 1 |
14112 | 74041 | 21839 | 1 | 1 |
13855 | 63182 | 18866 | 1 | 1 |
15619 | 79064 | 21899 | 1 | 1 |
2694 | 25981 | 8774 | 1 | 1 |
9127 | 57424 | 15766 | 1 | 1 |
13514 | 72045 | 27685 | 1 | 1 |
6314 | 38046 | 8545 | 1 | 1 |
7622 | 52408 | 28057 | 1 | 1 |
4322 | 41405 | 6998 | 1 | 1 |
3805 | 29684 | 4806 | 1 | 1 |
6674 | 49246 | 13592 | 1 | 1 |
7347 | 41491 | 4088 | 1 | 1 |
2911 | 26703 | 15876 | 1 | 1 |
8026 | 48753 | 16714 | 1 | 1 |
8567 | 55555 | 16783 | 1 | 1 |
10345 | 71483 | 21407 | 1 | 1 |
8694 | 50980 | 19114 | 1 | 1 |
8821 | 46403 | 7817 | 1 | 1 |
8678 | 51927 | 14415 | 1 | 1 |
14331 | 84769 | 17295 | 1 | 1 |
9619 | 59062 | 16687 | 1 | 1 |
9286 | 57952 | 14161 | 1 | 1 |
8206 | 58355 | 19538 | 1 | 1 |
16408 | 81694 | 15187 | 1 | 1 |
12757 | 69522 | 14651 | 1 | 1 |
17740 | 96132 | 0 | 1 | 1 |
7739 | 57796 | 22057 | 1 | 1 |
15383 | 88276 | 1896 | 1 | 1 |
4579 | 32264 | 7979 | 1 | 1 |
11679 | 65928 | 0 | 1 | 1 |
12877 | 69924 | 27330 | 1 | 1 |
16232 | 91108 | 9876 | 1 | 1 |
9621 | 54070 | 19908 | 1 | 1 |
8171 | 47238 | 17819 | 1 | 1 |
12128 | 77427 | 31340 | 1 | 1 |
8642 | 59805 | 4963 | 1 | 1 |
12400 | 60334 | 6632 | 1 | 1 |
9185 | 54114 | 18593 | 1 | 2 |
7862 | 40680 | 15202 | 1 | 2 |
9775 | 58263 | 1486 | 1 | 2 |
6771 | 52008 | 21713 | 1 | 2 |
3059 | 39643 | 12179 | 1 | 2 |
13211 | 70309 | 13221 | 1 | 2 |
7408 | 46450 | 5602 | 1 | 2 |
11581 | 76140 | 33874 | 1 | 2 |
14233 | 80833 | 11478 | 1 | 2 |
3352 | 31899 | 2762 | 1 | 2 |
2630 | 21647 | 2663 | 1 | 2 |
9093 | 65924 | 11355 | 1 | 2 |
12652 | 65923 | 5132 | 1 | 2 |
9559 | 62811 | 12613 | 1 | 2 |
6112 | 42335 | 3149 | 1 | 2 |
10431 | 65134 | 15196 | 1 | 2 |
12630 | 64621 | 21433 | 1 | 2 |
4578 | 36553 | 5502 | 1 | 2 |
9551 | 62910 | 11376 | 1 | 2 |
10262 | 70727 | 13287 | 1 | 2 |
9551 | 57634 | 11857 | 2 | 1 |
10143 | 56549 | 16136 | 2 | 1 |
8955 | 59662 | 11627 | 2 | 1 |
10197 | 57350 | 18432 | 2 | 1 |
11234 | 56447 | 10871 | 2 | 1 |
9320 | 61136 | 0 | 2 | 1 |
9089 | 51526 | 4902 | 2 | 1 |
12300 | 79979 | 17270 | 2 | 1 |
11484 | 66733 | 15145 | 2 | 1 |
11215 | 75359 | 15611 | 2 | 1 |
7204 | 40795 | 8975 | 2 | 1 |
5579 | 39128 | 6576 | 2 | 1 |
11723 | 75482 | 12508 | 2 | 1 |
9353 | 63998 | 0 | 2 | 1 |
7761 | 45845 | 6671 | 2 | 1 |
4261 | 38223 | 8576 | 2 | 1 |
9830 | 66787 | 1178 | 2 | 1 |
12386 | 77852 | 936 | 2 | 1 |
8673 | 55825 | 14167 | 2 | 1 |
10944 | 57022 | 9018 | 2 | 1 |
9910 | 64263 | 12768 | 2 | 1 |
9928 | 75881 | 17423 | 2 | 1 |
4264 | 34343 | 21323 | 2 | 1 |
7971 | 41243 | 21009 | 2 | 1 |
8290 | 53021 | 20151 | 2 | 1 |
12669 | 66991 | 9250 | 2 | 1 |
7272 | 49719 | 20838 | 2 | 1 |
9784 | 58399 | 16065 | 2 | 1 |
9187 | 50477 | 9407 | 2 | 1 |
5866 | 39112 | 20409 | 2 | 1 |
9456 | 51886 | 11668 | 2 | 2 |
6270 | 34797 | 146 | 2 | 2 |
9518 | 62348 | 5201 | 2 | 2 |
10968 | 78704 | 17002 | 2 | 2 |
8865 | 53620 | 32004 | 2 | 2 |
9226 | 51577 | 15922 | 2 | 2 |
4913 | 34761 | 17704 | 2 | 2 |
6976 | 60968 | 17799 | 2 | 2 |
8152 | 51281 | 8167 | 2 | 2 |
2887 | 25013 | 18763 | 2 | 2 |
8062 | 59238 | 10815 | 2 | 2 |
8895 | 47344 | 11814 | 2 | 2 |
8444 | 52645 | 22469 | 2 | 2 |
6148 | 35309 | 17139 | 2 | 2 |
4563 | 34355 | 10612 | 2 | 2 |
8185 | 50630 | 21187 | 3 | 1 |
3391 | 29056 | 15735 | 3 | 1 |
7436 | 48721 | 18363 | 3 | 1 |
9522 | 50459 | 16478 | 3 | 1 |
11290 | 72805 | 21238 | 3 | 1 |
10403 | 56954 | 22218 | 3 | 1 |
4693 | 39343 | 24696 | 3 | 1 |
5626 | 38833 | 14371 | 3 | 1 |
11869 | 55021 | 35576 | 3 | 1 |
13055 | 77605 | 817 | 3 | 1 |
8783 | 57937 | 18591 | 3 | 1 |
13031 | 63343 | 25531 | 3 | 1 |
3681 | 36479 | 17950 | 3 | 1 |
5549 | 40381 | 14257 | 3 | 1 |
4108 | 26309 | 26581 | 3 | 1 |
6314 | 41421 | 22470 | 3 | 1 |
7700 | 54579 | 29065 | 3 | 1 |
7479 | 40551 | 31757 | 3 | 1 |
9093 | 50369 | 6404 | 3 | 1 |
9863 | 54422 | 24334 | 3 | 1 |
8043 | 51836 | 26213 | 3 | 2 |
9552 | 73600 | 36374 | 3 | 2 |
9286 | 51873 | 29631 | 3 | 2 |
7987 | 48003 | 17261 | 3 | 2 |
3875 | 36519 | 13579 | 3 | 2 |
10746 | 75152 | 10659 | 3 | 2 |
6888 | 44974 | 23711 | 3 | 2 |
5479 | 48923 | 4594 | 3 | 2 |
6949 | 43769 | 21221 | 3 | 2 |
10650 | 75947 | 33357 | 3 | 2 |
5188 | 41423 | 33641 | 3 | 2 |
5311 | 40189 | 17791 | 3 | 2 |
4691 | 36772 | 5829 | 3 | 2 |
8056 | 59690 | 19594 | 3 | 2 |
11304 | 53654 | 23066 | 3 | 2 |
8112 | 59067 | 240 | 3 | 2 |
8696 | 65962 | 0 | 3 | 2 |
5869 | 37254 | 10157 | 3 | 2 |
3776 | 33568 | 14143 | 3 | 2 |
11829 | 56934 | 0 | 3 | 2 |
13087 | 88822 | 17565 | 4 | 1 |
10986 | 59635 | 27863 | 4 | 1 |
5762 | 38407 | 18867 | 4 | 1 |
11617 | 78627 | 11894 | 4 | 1 |
9895 | 47710 | 22930 | 4 | 1 |
16293 | 64443 | 31687 | 4 | 1 |
8185 | 58871 | 35424 | 4 | 1 |
13972 | 87954 | 11549 | 4 | 1 |
11243 | 54778 | 12552 | 4 | 1 |
4635 | 39825 | 19494 | 4 | 1 |
10063 | 49536 | 12195 | 4 | 1 |
8426 | 60102 | 13787 | 4 | 1 |
7436 | 49139 | 22356 | 4 | 1 |
11747 | 51052 | 4553 | 4 | 1 |
15397 | 70500 | 12025 | 4 | 1 |
6842 | 54894 | 16217 | 4 | 1 |
9678 | 60570 | 4106 | 4 | 1 |
12852 | 57625 | 31228 | 4 | 1 |
10114 | 56956 | 25907 | 4 | 1 |
8496 | 61400 | 1093 | 4 | 1 |
6689 | 50532 | 17106 | 4 | 1 |
15696 | 72774 | 17793 | 4 | 1 |
9841 | 69981 | 21607 | 4 | 1 |
12529 | 66891 | 17689 | 4 | 1 |
10210 | 67431 | 19995 | 4 | 1 |
8868 | 64782 | 14489 | 4 | 1 |
6426 | 38987 | 17864 | 4 | 1 |
11096 | 64867 | 5839 | 4 | 1 |
10086 | 50421 | 8689 | 4 | 1 |
2587 | 27076 | 17534 | 4 | 1 |
12492 | 51784 | 20284 | 4 | 2 |
8456 | 54135 | 22037 | 4 | 2 |
6801 | 53291 | 23342 | 4 | 2 |
6339 | 49804 | 34943 | 4 | 2 |
7802 | 52205 | 28579 | 4 | 2 |
9717 | 72841 | 22349 | 4 | 2 |
6026 | 46238 | 20165 | 4 | 2 |
5618 | 45938 | 10538 | 4 | 2 |
10217 | 77716 | 18516 | 4 | 2 |
8338 | 59711 | 7980 | 4 | 2 |
9048 | 42106 | 19786 | 4 | 2 |
4017 | 36462 | 9935 | 4 | 2 |
10906 | 53403 | 18177 | 4 | 2 |
15148 | 71290 | 6696 | 4 | 2 |
8830 | 66759 | 20972 | 4 | 2 |
8481 | 57616 | 28767 | 4 | 2 |
11358 | 76221 | 1373 | 4 | 2 |
10553 | 78202 | 5920 | 4 | 2 |
6969 | 55164 | 24795 | 4 | 2 |
13219 | 61171 | 21482 | 4 | 2 |
3543 | 34093 | 25969 | 4 | 2 |
7326 | 50647 | 10750 | 4 | 2 |
8458 | 59898 | 22940 | 4 | 2 |
11766 | 52884 | 25970 | 4 | 2 |
9908 | 73629 | 7112 | 4 | 2 |
Steps to find Regression in Excel::
Input the Data in Excel Shet
> then go to icon Data
>then go to Data Analysis tool upper right side in excel.
>Then input range of Y (Annual Food Spending)
>and input the range of X ( Annual Household Income )
and enter, the result will appear below.
Step by stepSolved in 3 steps with 2 images
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