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This document summarizes the results of a multivariate regression analysis examining the relationship between personal expenditures, annual income, and family income. For an additive model, the slopes for annual income and family income were positive but not statistically significant, and the model explained only 5% of the variability in personal expenditures. For a multiplicative model, family income had a statistically significant positive relationship with expenditures, while annual income did not, and t

Author

archie

Language

EN