Metropolitan area Income Debt

Washington, D.C. 103.5 1,285 Same data as solved example 1 but observe what we do differently no
Seattle 81.7 1,135
Baltimore 82.2 1,133
Boston 89.5 1,133
Denver 75.9 1,104
San Francisco 93.4 1,098
San Diego 75.5 1,076
Sacramento 73.1 1,045
Los Angeles 68.2 1,024
Chicago 75.1 1,017
Philadelphia 78.3 1,011
Minneapolis 84 1,011
New York 78.3 989
Atlanta 71.8 986
Dallas 68.3 970
Phoenix 66.6 957
Portland 71.2 948
Cincinnati 69.5 920
Houston 65.1 889
Columbus 68.6 888
St. Louis 68.3 886
Miami 60.2 867
Detroit 69.8 832
Cleveland 64.8 812
Tampa 59.4 791
Pittsburgh 63 763
bserve what we do differently now
Metropolitan area Income Debt
Washington, D.C. 103.5 1,285
Seattle 81.7 1,135
Variation in Debt in relation to
Baltimore 82.2 1,133 1,400
Boston 89.5 1,133
1,300
Denver 75.9 1,104 f(x) = 10.4411054036858 x + 210.297683318605
San Francisco 93.4 1,098 1,200
San Diego 75.5 1,076
1,100
Sacramento 73.1 1,045
Los Angeles 68.2 1,024 1,000
Chicago 75.1 1,017
Philadelphia 78.3 1,011 900
Minneapolis 84 1,011 800
New York 78.3 989
Atlanta 71.8 986 700
55 60 65 70 75 80 85 90 95
Dallas 68.3 970
Phoenix 66.6 957
Portland 71.2 948
Cincinnati 69.5 920
Houston 65.1 889
Columbus 68.6 888
St. Louis 68.3 886
Miami 60.2 867
Detroit 69.8 832
Cleveland 64.8 812
Tampa 59.4 791
Pittsburgh 63 763
ebt in relation to Income

+ 210.297683318605

Debt
Linear
(Debt)

80 85 90 95 100 105
Metropolitan area Income Debt
Washington, D.C. 103.5 1,285 10.44
Seattle 81.7 1,135 210.30
Baltimore 82.2 1,133
Boston 89.5 1,133
Denver 75.9 1,104
San Francisco 93.4 1,098
San Diego 75.5 1,076
Sacramento 73.1 1,045
Los Angeles 68.2 1,024
Chicago 75.1 1,017
Philadelphia 78.3 1,011
Minneapolis 84 1,011
New York 78.3 989
Atlanta 71.8 986
Dallas 68.3 970
Phoenix 66.6 957
Portland 71.2 948
Cincinnati 69.5 920
Houston 65.1 889
Columbus 68.6 888
St. Louis 68.3 886
Miami 60.2 867
Detroit 69.8 832
Cleveland 64.8 812
Tampa 59.4 791
Pittsburgh 63 763
=SLOPE(C2:C27,B2:B27)
=INTERCEPT(C2:C27,B2:B27)
 X Y Y cap
Metropolitan area Income Debt
Washington, D.C. 103.5 1,285 1,290.95 =H$4+H$3*B3
Seattle 81.7 1,135 1,063.34
Baltimore 82.2 1,133 1,068.56
Boston 89.5 1,133 1,144.78
Denver 75.9 1,104 1,002.78
San Francisco 93.4 1,098 1,185.50
San Diego 75.5 1,076 998.60
Sacramento 73.1 1,045 973.54
Los Angeles 68.2 1,024 922.38
Chicago 75.1 1,017 994.42
Philadelphia 78.3 1,011 1,027.84
Minneapolis 84 1,011 1,087.35 =H$4+H$3*B14
New York 78.3 989 1,027.84
Atlanta 71.8 986 959.97
Dallas 68.3 970 923.43
Phoenix 66.6 957 905.68
Portland 71.2 948 953.70
Cincinnati 69.5 920 935.95
Houston 65.1 889 890.01
Columbus 68.6 888 926.56
St. Louis 68.3 886 923.43
Miami 60.2 867 838.85
Detroit 69.8 832 939.09
Cleveland 64.8 812 886.88
Tampa 59.4 791 830.50
Pittsburgh 63 763 868.09
error

(5.95) 10.44 =SLOPE(C2:C27,B2:B27)

71.66 210.30 =INTERCEPT(C2:C27,B2:B27)
64.44
(11.78)
101.22
(87.50) =C8-D8
77.40
71.46
101.62
22.58
(16.84)
(76.35)
(38.84)
26.03
46.57
51.32
(5.70)
(15.95)
(1.01)
(38.56)
(37.43)
28.15
(107.09)
(74.88)
(39.50)
(105.09)
 STEP ZERO INTERCEPT bo
Average 74.05 983.46 SLOPE b1
St
ep
on
e Sum 27,979.50
X Y
Metropolitan area Income Debt X - X bar Y - Y bar (X-Xbar)(Y-Y bar)
Step 2
Washington, D.C. 103.5 1,285 29.45 301.54 8,880.31
Seattle 81.7 1,135 7.65 151.54 1,159.27
Baltimore 82.2 1,133 8.15 149.54 1,218.74
Boston 89.5 1,133 15.45 149.54 2,310.37
Denver 75.9 1,104 1.85 120.54 223.00
San Francisco 93.4 1,098 19.35 114.54 2,216.32
San Diego 75.5 1,076 1.45 92.54 134.18
Sacramento 73.1 1,045 (0.95) 61.54 (58.46)
Los Angeles 68.2 1,024 (5.85) 40.54 (237.15)
Chicago 75.1 1,017 1.05 33.54 35.22
Philadelphia 78.3 1,011 4.25 27.54 117.04
Minneapolis 84 1,011 9.95 27.54 274.01
New York 78.3 989 4.25 5.54 23.54
Atlanta 71.8 986 (2.25) 2.54 (5.71)
Dallas 68.3 970 (5.75) (13.46) 77.40
Phoenix 66.6 957 (7.45) (26.46) 197.14
Portland 71.2 948 (2.85) (35.46) 101.07
Cincinnati 69.5 920 (4.55) (63.46) 288.75
Houston 65.1 889 (8.95) (94.46) 845.43
Columbus 68.6 888 (5.45) (95.46) 520.27
St. Louis 68.3 886 (5.75) (97.46) 560.40
Miami 60.2 867 (13.85) (116.46) 1,612.99
Detroit 69.8 832 (4.25) (151.46) 643.71
Cleveland 64.8 812 (9.25) (171.46) 1,586.02
Tampa 59.4 791 (14.65) (192.46) 2,819.56
Pittsburgh 63 763 (11.05) (220.46) 2,436.10
 210.3 =C2-G2*B2
10.441 =F3/G3 Step four

2,679.75 =SUM(G6:G31)

(X-Xbar)^2
867.30
58.52 hree
T ep
66.42 ST
238.70
3.42
374.42
2.10
0.90
34.22
1.10
18.06
99.00
18.06
5.06
33.06
55.50
8.12
20.70
80.10
29.70
33.06
191.82
18.06
85.56
214.62
122.10