Refer to the information provided in Table 21.2 below to answer the questions that follow.
Table 21.2
The data in the table was used to estimate the following consumption function: C = 12 + 0.4Y.
-Refer to Table 21.2. Which of the following points is (are) the worst fit for the given consumption function?

Question

Refer to the information provided in Table 21.2 below to answer the questions that follow.
Table 21.2
  The data in the table was used to estimate the following consumption function: C = 12 + 0.4Y.
-Refer to Table 21.2. Which of the following points is (are) the worst fit for the given consumption function?

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Table 21.2 below to answer the questions that follow.
Table 21.2
  The data in the table was used to estimate the following consumption function: C = 12 + 0.4Y.
-Refer to Table 21.2. Which of the following points is (are) the worst fit for the given consumption function?

Refer to the Information Provided in Table 21