Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5.1 Below is information on a basket of toiletries for year 2018 and 2021: Prices Quantities Product 2018 2021 2008 2021 Soap (125 g) 2,65
5.1 Below is information on a basket of toiletries for year 2018 and 2021: Prices Quantities Product 2018 2021 2008 2021 Soap (125 g) 2,65 3,05 5 7 Deodorant (50 ml) 24,65 25,35 6 8 Toothpaste (100ml) 5.25 6,15 10 9 Find the Laspeyres Quantity Indices and interpret your answer. (10) 5.2 A clinical psychologist is investigating whether the number of mistakes made by an employee can be forecast by the number of tasks an employee was busy with. She randomly assigned a different number of tasks (of the same level of complexity) to each of eight participants. After a participant completed all assigned tasks, the psychologist calculated the number of errors made. The data for all eight participants have been listed in the table below: Numberoftasks performed simultaneously 2 4 7 6 2 5 1 3 Numberoferrorsmade 0 1 6 2 O 1 0 2 5.2.1 State which variable is the independent variable (x) and which is the dependent variable (y). (2) 5.2.2 Calculate Pearson's correlation coefficient and interpret it. (8)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started