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Problem 1: Vote and Approval
Dependent Variable: VOTE
VOTE is incumbent share of the presidential vote
Independent Variable: APPROVAL
APPROVAL is the approval rating of the incumbent president
Regression Analysis
Coefficients
Intercept -30
Approval .7
What is the linear relationship between VOTE and APPROVAL? Write the equation in the form Y = a + b X
If the current value of APPROVAL is 50 what is the predicted value of VOTE?
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