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An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let

An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. A sample of six Denver neighborhoods gave the following information (units in hundreds of jobs).

x 17 34 49 28 50 25

y 2 3 5 5 9 3

Given x = 203, y = 27, x2 = 7755, y2 = 153, xy = 1046, and r 0.793.

(a) Verify the given sums x, y, x2, y2, xy, and the value of the sample correlation coefficient r. (Round your value for r to three decimal places.)

x =

y =

x2 =

y2 =

xy =

r =

(b) Find x, and y. Then find the equation of the least-squares line y hat = a + bx. (Round your answers for x and y to two decimal places. Round your answers for a and b to three decimal places.)

x =

y =

y hat =_______+______x

(c) Find the value of the coefficient of determination r2. What percentage of the variation in y can be explained by the corresponding variation in x and the least-squares line? What percentage is unexplained? (Round your answer for r2 to three decimal places. Round your answers for the percentages to one decimal place.)

r2 =_______

explained_______%

unexplained_______ %

(d) For a neighborhood with x = 37 hundred jobs, how many are predicted to be entry level jobs? (Round your answer to two decimal places.)

___________hundred jobs

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