Question

Consider the following sample data set indicating a single mother’s income (in $) and the number...

Consider the following sample data set indicating a single mother’s income (in $) and the number of children in her household.

(31654, 3), (23456, 5), (43092, 1), (56333, 2), (18764, 6), (53485, 2), (23000, 3)

Determine a simple linear regression equation for the given data set.

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