9.4. The OECD (Organization for Economic Cooperation and Development) consists of 20 advanced, industrialized countries. For these
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9.4. The OECD (Organization for Economic Cooperation and Development) consists of 20 advanced, industrialized countries. For these nations,4 the prediction equation relatingy = child poverty rate in 2000 to x = social expenditure as a percent of gross domestic product is y = 22 — 1.3x. The yvaluesranged from2.8% (Finland) to21.9% (U.S.).
Thex-values ranged from 2% (U.S.) to 16% (Denmark).
(a) Interpret the y-intercept and the slope.
(b) Find the predicted poverty rates for the U.S.
and for Denmark.
(c) The correlation is —0.79. Interpret.
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Related Book For
Statistical Methods For The Social Sciences
ISBN: 9781292021669
4th Edition
Authors: Barbara Finlay, Alan Agresti
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