Use the following information to answer questions #1-#5 : A…
Use the following information to answer questions #1-#5 : An online retail company is trying to predict customer spending in the first two months of the year. The marketing analyst of the company has compiled a data set on 180 existing customers that includes sex (Sex: Female=0, Male=1), annual income in 1,000s (Income), age (Age, in years), and total spending in the first 2 months of the year (Spending). The excel file RetailData.xlsx contains the dataset the marketing analyst compiled.