Question

The table below gives the age and net worth of six randomly selected individuals. The regression line y ̂=1.627x-22.501 predicts an individual’s net worth for the given ages. Given this information, (a) estimate the net worth for three individuals, ages 50, 45, and 15; and (b) indicate whether any of your estimates should be considered unreliable (and why).

Age in years (x)	31	42	51	60	42	42
Net Worth (millions)	47	42	60	87	33	32

Answer 1

Answer---->>

Hence, an estimate for age 15 must be considered as unreliable.