Estimate a simple regression model

Reference no: EM131798867

In order to answer the following questions, use the data labeled Happiness and Age on the text website.

a. Use Excel to estimate a simple regression model with happiness as the response variable and age as the explanatory variable.

b. Use the estimates to predict happiness when age equals 25, 50, and 75.

c. Construct a scatterplot of happiness against age. Discuss why your prediction might not be accurate.

Reference no: EM131798867

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