According to the regression model you obtained, how much increase in Amount Spent results from each additional $1 in Salary? Express the answer as a number in $ rounded to 2 decimal digits (without the $ sign). For example, if it is $0.345, state as 0.35

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step-by-step explanation:

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step-by-step explanation:

or

step-by-step explanation:

we need to solve for 'x' the following equation:  

we have that:

⇒

⇒ ⇒

factorizing, we get that:

  ⇒

then, the solutions are: or

nothing extraneous has been found!

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

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