Question
Can you answer this for me please Here is statcrunch link called StatCrunchSurveyData: https://www.statcrunch.com/app/index.html?dataid=1843758 1) What is correlation between work_hrs and rent ? Answer:______(Round to
Can you answer this for me please
Here is statcrunch link called "StatCrunchSurveyData":
https://www.statcrunch.com/app/index.html?dataid=1843758
1) What is correlation between work_hrs and rent?
Answer:______(Round to THREE decimal places)
2) What is correlation between age and income_10 (the salary students report they think they will be earning 10 years in the future)?
Answer:______ (Round to THREE decimal places)
3) For this part, c.r.e.a.t.e a correlation matrix of ALL quantitative variables (if you have not already done so.) Read the steps on how to d.o this. Be sure all of the variables are selected. Look at all of the correlations in the matrix. What is the LARGEST coefficient in the matrix?
Answer:______ (Round to THREE decimal places)
4) Now open the data set called "StatCrunchSurveyData" and look for the variables called age and rent. Generate a regression line where the X variable is age and the Y variable is rent.
Look for the Simple linear regression results. What was the result?
Answer: rent = -238.639 +______ age (round to THREE decimal places)
5) Click on the Options button and then select the Edit option. Use the Prediction of Y area to predict the rent for someone who is age 32. Do NOT use the rounded values from your previous answer or your answer will be slightly off.
Answer:_____ $ (Round to the nearest PENNY. One penny is one-hundredth of a dollar, so this asks you to round to two decimal places.)
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