Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Calculus

Authors: Carla C Morris, Robert M Stark

1st Edition

1119015367, 9781119015369

More Books

Students also viewed these Mathematics questions

Question

Describe the disciplinary action process.

Answered: 1 week ago