C. what is the implied tax (i. e., tax/average income) on the highest quintile?
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Answer:
The predicted life expectancy of men in a country in which the life expectancy of women is 70 years is 65.33 years.
Step-by-step explanation:
The least square regression line is used to predict the value of the dependent variable from an independent variable.
The general form of a least square regression line is:
Here,
<em>y</em> = dependent variable
<em>x</em> = independent variable
<em>α</em> = intercept
<em>β</em> = slope
The regression line to predict the life expectancy of men in a country from the life expectancy of women in that country is:
Compute the life expectancy of men in a country in which the life expectancy of women is 70 years as follows:
Thus, the predicted life expectancy of men in a country in which the life expectancy of women is 70 years is 65.33 years.