Calculate b1 slope of ols regression line using dollar spent

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Reference no: EM13245999

Consider the follow data on moviegoer spending on snacks:

Dollars Spent (Y) Age (X)

8.50 30

10.00 50

3.00 24

5.25 12

20.75 33

Calculate b1, the slope of an OLS regression line using dollars spent as the dependent variable (Y) and age as the independent variable (X).

Reference no: EM13245999

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