The American Chamber of Commerce Researchers Association compiles cost-of-living indexes for selected metropolitan areas. Shown here are cost-of-living indexes for 25 different cities on five...




The American Chamber of Commerce Researchers Association compiles cost-of-living indexes for selected metropolitan areas. Shown here are cost-of-living indexes for 25 different cities on five different items for a recent year. Use the data to develop a regression model to predict the grocery cost-of-living index by the indexes of housing, utilities, transportation, and healthcare. Discuss the results, highlighting both the significant and non-significant predictors.



May 19, 2022
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